HomeNewsBusinessStocksBuy Exide, NMDC, IIFL Holdings, MOIL, UPL: Mitesh Thacker

Buy Exide, NMDC, IIFL Holdings, MOIL, UPL: Mitesh Thacker

According to Mitesh Thacker of miteshthacker.com, one can buy Exide Industries, NMDC, IIFL Holdings, MOIL and UPL.

October 20, 2016 / 11:26 IST
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Mitesh Thacker of miteshthacker.com told CNBC-TV18, "First call is a buy on Exide Industries with a stop loss at Rs 192 and look for targets of Rs 205.""NMDC and GMDC are showing good chart patterns. NMDC had a fresh swing break out, so I would buy this stock with a stop loss at Rs 118 for targets of around Rs 130," he said."IIFL Holdings had a very strong price volume action, a good candlestick pattern, so that is a buy with a stop loss at Rs 280 for targets of Rs 305.""MOIL is looking extremely interesting on the short-term as well as the long-term charts. Yesterday, we had a fresh pricing volume break out. So I recommend a buy there with a stop loss at Rs 270 for targets of Rs 308.""UPL finally managed to sustain and close above levels of Rs 700-705. So, that is a buy with a stop loss at Rs 694 and look for targets of around Rs 740.""Crude is playing out for, Cairn very nicely. Good set up, intraday buy signals over there, gap up opening and getting passed yearly as Rs 230, I would buy this one with a stop loss at Rs 225 for targets of around Rs 242.""I have a buy on Sun TV. After two-three years of consolidation, it is picking up again on the intraday charts. So that is a buy with a stop loss at Rs 532 for targets of Rs 565.""Couple of PSU banking names too interest me - PNB and Oriental Bank. I have chosen Oriental Bank as a trading call here. It is a buy with a stop loss just below Rs 125 and look for targets of around Rs 135-136 on the upside."

first published: Oct 20, 2016 10:45 am

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