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HomeNewsBusinessJet Airways, Interglobe Aviation look promising; like JSW Energy: Mitessh Thakkar

Jet Airways, Interglobe Aviation look promising; like JSW Energy: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com is of the view that Jet Airways and Interglobe Aviation look promising while he likes JSW Energy.

June 22, 2017 / 12:04 IST

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "Jet Airways and Interglobe Aviation look very promising to me. Jet is outperforming the shorter-term but both the patterns are positive. I would buy Jet with a stop loss below Rs 550, look for Rs 620 kind of a target."

"I would wait for Interglobe to get past earlier highs. It is very close to the highs of around Rs 1,260-1,270 and once it does that then the all-time highs of Rs 1,350-1,370 could be revisited. So both these stocks are quite positive."

"Capital First is possibly on the verge of getting into an uptrend but I would want to see this stock get past Rs 725-730 zone. On four-five occasions it failed around those levels of Rs 725-730. I would suggest then a stop loss at about Rs 710 levels and look for a Rs 775-780 kind of a rally," he said.

"Apart from that, I do like JSW Energy. That is possibly getting in an uptrend, so keep a stop loss at Rs 64, look for Rs 70-72 kind of a target."

"IndoCount Industries also has an interesting pattern. Yesterday it had a breakout, today it is seeing some follow-up, so I would want to buy it with a stop loss at Rs 182 and look for a Rs 195-198 kind of a target."

first published: Jun 22, 2017 11:51 am

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