HomeNewsBusinessStocksBuy Glenmark Pharma, ICICI Bank: Mitesh Thacker

Buy Glenmark Pharma, ICICI Bank: Mitesh Thacker

Mitesh Thacker of miteshthacker.com is of the view that one can buy Glenmark Pharma and ICICI Bank.

September 14, 2016 / 10:51 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Mitesh Thacker of miteshthacker.com told CNBC-TV18, "The first stock is a buy on Glenmark Pharma and my sense is that the indicators set up is positive and the stock has come back to the break out levels of around Rs 870-875. So good opportunity to buy at these levels, keep a stop loss below Rs 859 and look for a bounce back at about levels of Rs 905.""The second stock is ICICI Bank which in the short-term after underperforming for number of months has gone into some kind of an outperformance mode on a daily chart basis. So I would buy this one with a stop loss at Rs 260 for targets of Rs 282," he said.

first published: Sep 14, 2016 10:51 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!