HomeNewsBusinessStocksBuy Biocon, IDBI Bank, Dishman Pharma, HPCL: Mitesh Thacker

Buy Biocon, IDBI Bank, Dishman Pharma, HPCL: Mitesh Thacker

Mitesh Thacker of miteshthacker.com recommends buying Biocon, IDBI Bank, Dishman Pharma and HPCL.

January 10, 2017 / 09:33 IST
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Mitesh Thacker of miteshthacker.com told CNBC-TV18, "Clearly, Biocon continues to show outperformance as well as uptrend. Given a fresh swing break out, now can be bought with a stop loss at Rs 983 for targets of Rs 1,075.""Godrej Consumer is something which had a good chart pattern on the intraday basis. That is a buy with a stop loss at Rs 1,524, look for targets of Rs 1,580," he said."The other one on my list is IDBI Bank, which had a very strong break out and a candlestick pattern yesterday. That is a buy with a stop loss below Rs 72.50, look for targets close to about Rs 78.50.""Dishman Pharma was another midcap stock, which had a very strong price volume break out. Buy this one with a stop loss at Rs 244 for targets of Rs 272.""HPCL is showing some continuation signals of uptrend. So now it can be bought fresh with a stop loss at Rs 454 for targets of around Rs 482 is what I advise."

first published: Jan 10, 2017 09:21 am

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