HomeNewsBusinessStocksBuy BHEL, Bharat Electronics: Mitessh Thakkar

Buy BHEL, Bharat Electronics: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com suggests buying Bharat Heavy Electricals and Bharat Electronics.

January 27, 2017 / 11:12 IST
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Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "LIC Housing Finance was a buy call on Wednesday. That is doing well. Bharat Heavy Electricals (BHEL) is just managing to get past its 200-day average with some strong force, so I would be a buyer there. Jubilant Foodworks is giving some kind of reversal.""In Capital First, I think there is some kind of signal of an uptrend. Around Rs 675 which is a gap level, we might see a lot of supply emerge. So, if people are holding this stock, Rs 670-675 would be good levels to take profits," he said."Bharat Electronics (BEL) is a buy. That is restarting after consolidation. Buy with a stop loss at Rs 1,520, look for the first target of around Rs 1,600. BHEL has broken above the 200-day average, buy with a stop loss below Rs 132 and look for targets close to about Rs 142."

first published: Jan 27, 2017 11:09 am

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