HomeNewsBusinessStocksACC may test Rs 1440, M&M Rs 1290: Hemant Thukral

ACC may test Rs 1440, M&M Rs 1290: Hemant Thukral

Hemant Thukral of Aditya Birla Money is of the view that ACC may test Rs 1440 while Mahindra & Mahindra may hit Rs 1290.

January 25, 2017 / 16:16 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Hemant Thukral of Aditya Birla Money told CNBC-TV18, "In ACC, we are seen a freash move all together and expecting a target of Rs 1440 keeping a stop loss at Rs 1350.""In autos, very big rollovers are happening across the board, so very difficult to choose which auto stock to pick up. Mahindra & Mahindra has been an underperformer to all the auto pack and today we are seeing a big jump in rollovers happening.""We expect the stock to go to Rs 1280-1290, keeping a stop loss of Rs 1225-1230 which will now act as a strong support," he said.

first published: Jan 25, 2017 04:16 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!