HomeNewsBusinessStocksBuy Dish TV, Cadila Health, AB Fashion; sell Infosys: Thacker

Buy Dish TV, Cadila Health, AB Fashion; sell Infosys: Thacker

According to Mitesh Thacker of miteshthacker.com, one can buy Dish TV, Cadila Healthcare, SAIL and Aditya Birla Fashion and sell Infosys.

October 26, 2016 / 10:36 IST
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Mitesh Thacker of miteshthacker.com told CNBC-TV18, "Dish TV is definitely on the buy list. Good crossover of indicators, overall a very positive set up, buy with a stop loss at Rs 97 for the first target of Rs 105 though I suspect eventually higher levels could happen.""The other buy stocks are mostly from the midcap side. I have a buy on Cadila Healthcare, which had a good pricing volume break out yesterday. So that is a buy with a stop loss at Rs 395 for targets of Rs 430," he said."Steel Authority of India (SAIL) is a buy but a conditional buy. So wait for it to give a break out above Rs 51.40, which is the weekly pivot and then buy with a stop loss at Rs 50 for targets of around Rs 56.""Another midcap stock is Aditya Birla Fashion which had a good pricing volume break out yesterday. It managed to move past its 200-day average. Buy with a stop loss at Rs 155 and look at targets of Rs 180.""I have a sell on Infosys, which is also a conditional sell. It has not had a closing below Rs 1,010 that is acting as some kind of support. So if it starts breaking below that, then sell with a stop loss at Rs 1,030 for targets of Rs 975."

first published: Oct 26, 2016 10:36 am

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