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Buy Wipro, Reliance Defence: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com recommends buying Wipro and Reliance Defence.

August 31, 2017 / 11:40 IST
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Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "Two buy calls, Wipro had a gap up opening and possibly has broken out of that mild consolidation of last few weeks. So, I would buy that with a stop loss at Rs 288 for target of Rs 310. Disclaimer here, we have recommended this stock to our clients as well."

"Reliance Defence is showing a good breakout today again. So, that is a buy around Rs 56.50, not at current level, maybe a rupee down, and then buy it with a stop loss at Rs 54.75 for targets close to about Rs 60," he added.

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first published: Aug 31, 2017 11:11 am

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