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HomeNewsBusinessStocksBuy Ashok Leyland, Coal India; sell Voltas, CESC: Mitessh Thakkar

Buy Ashok Leyland, Coal India; sell Voltas, CESC: Mitessh Thakkar

According to Mitessh Thakkar of mitesshthakkar.com, one may buy Ashok Leyland and Coal India.

September 29, 2017 / 10:28 IST

Mitessh Thakkar of mitesshthakkar.com told CNBC-TV18, "Ashok Leyland managed to bounce back from good support zones and then the intraday charts also gave multiple buy signals, so I would buy that. Keep a stoploss at Rs 113.25, look for Rs 125 kind of target."

He further added, "Coal India is on the buy list for the last few days, managed to get past those levels of Rs 263-265, so now it can be bought afresh with a stoploss of Rs 262.50 and look for Rs 278 as the first target."

"Buy NIIT Technologies, a good breakout yesterday, good pricing volume action, so that is a buy with a stoploss at Rs 538 and look for target of Rs 570."

"CESC is a sell, try to sell it around a mild bounce back, so Rs 985 is the level, which I suggest selling, keep a stoploss at Rs 1,010, look for targets of Rs 935 and Voltas is a sell as well with a stoploss at Rs 512 for target of Rs 480," he said.

first published: Sep 29, 2017 10:28 am

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