HomeNewsBusinessStocksBuy Dish TV, Divis Lab, Amara Raja Batteries: Mitesh Thacker

Buy Dish TV, Divis Lab, Amara Raja Batteries: Mitesh Thacker

Mitesh Thacker of miteshthacker.com is of the view that one can buy Dish TV, Divis Laboratories and Amara Raja Batteries.

September 16, 2016 / 09:35 IST
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Mitesh Thacker of miteshthacker.com told CNBC-TV18, "Dish TV has shown good price volume break out; in fact all the broadcaster yesterday including Sun TV Network and TV18 Broadcast had some kind of a stronger bullish candle yesterday. Dish TV is heading towards Rs 105-106 zone and I would be comfortable taking a long position here with a stop loss just below Rs 98.40." "Divis Laboratories is something which is making a triangular contracting pattern on the intraday charts after a good upmove. I think it will break on the upside given the fact that the market is likely to gap up. I would buy this with a stop loss at Rs 1,319 for targets of Rs 1,400," he said. "The final one is Amara Raja Batteries which continues to make fresh swing highs. That is a buy with a stop loss at Rs 1,020 and look for targets of around Rs 1,080."Disclosure: Reliance Industries has acquired management control of Network18, which owns TV18 Broadcast and moneycontrol.com.

first published: Sep 16, 2016 09:31 am

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