HomeNewsBusinessBuy Tata Motors, sell Dabur India below Rs 270: Mitessh Thakkar

Buy Tata Motors, sell Dabur India below Rs 270: Mitessh Thakkar

Mitessh Thakkar of mitesshthakkar.com suggests buying Tata Motors and advises selling Dabur India if the stock breaks below Rs 270.

May 24, 2017 / 12:49 IST
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Mitessh Thakkar of mitesshthakkar.com told CNBC-TV18, "I have two calls. One of them is Tata Motors. That is one of the result reaction. Big gap up; that is a buy with a stop loss at Rs 457 and look for target of Rs 480."

"Dabur India looks slightly negative. I think I would want to sell this one if it starts breaking below Rs 270 - that being the key pivot support. So, if it breaks Rs 270, take a short position with a stop loss at Rs 275 and look for target close to about Rs 260," he said.

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first published: May 24, 2017 12:28 pm

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