Buy Adani Ports, advises Hemant Thukral

Hemant Thukral of Aditya Birla Money told CNBC-TV18, "Adani Ports and Special Economic Zone is looking good on the derivatives front. We have seen on Thursday the open interest being built up. I am more surprised with the delivery volumes, the way the deliveries have been marked on both the exchanges. About 23 lakh shares have been marked for delivery and stock now has taken number of times support around that Rs 145 zone, which is the 200-day moving average (DMA) also."

"If it continues to hold that then the next target should be Rs 165-166. So any opportunity to buy into Adani Port should be utilised today. One has to keep a trading stoploss at Rs 145 which I suppose should hold and the stock should be a good bet on the long side in immediate short-term," he said.