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Sell Cummins India, Mangalore Refinery; buy Power Finance Corporation, Voltas: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com is of the view that one can sell Cummins India and buy Power Finance Corporation.

November 13, 2017 / 15:29 IST
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Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "Cummins India is a sell with a stop loss of Rs 882 and target of Rs 835."

"Power Finance Corporation is a  buy with a stop loss of Rs 123.50 for target of Rs 138. Buy Voltas with a stop loss of Rs 570 and target of Rs 595. Mangalore Refinery is a  sell with a stop loss of Rs 126 for target of Rs 117."

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"Buy Hindustan Unilever (HUL), I think after giving a breakout of about Rs 1,290 it is giving a good pullback today, so buy with a stop loss at Rs 1,279 and look for Rs 1,320 kind of a target. Jubilant Foodworks is a buy with a stop loss at Rs 1,679 for targets of Rs 1,745."

"Manappuram Finance is a sell which is still continuing with a decline after the numbers. It is a sell with a stop loss at Rs 99.25 and I would look at a target of Rs 93."