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Buy Bajaj Finance; sell PNB: Mitessh Thakkar

Mitessh Thakkar of mitesshthakkar.com advises buying Bajaj Finance.

September 29, 2017 / 13:45 IST

Mitessh Thakkar of mitesshthakkar.com told CNBC-TV18, "A buy on Bajaj Finance with a stoploss at Rs 1,840 for target of Rs 1,920.  I recommend selling Punjab National Bank (PNB) with a stoploss at Rs 136 for target of around Rs 122."

He further added, "Kolte-Patil Developers is one of the better stocks in realty and the chart is quite strong, Rs 170 is also a good buying price, in fact that is also my trailing stoploss level. So, just hold the stock, keep a stoploss below Rs 170."

"This is one stock which has a high probability of going towards the highs of Rs 220-225 which the stock recorded few quarters back. Try to take profits around those levels."

"I would suggest an exit in Titan Company, if it is bought for a trading perspective. Clearly it has been a weak stock in the short term."

"If it is a medium term call then I would suggest having some more patience. One might have to see downside levels of around Rs 530-525. Keep a fresh stoploss at Rs 510 and for next six to eight months hold it for targets of around Rs 680-700."

first published: Sep 29, 2017 01:38 pm

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