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Buy Interglobe Aviation, Adani Ports; DLF may test Rs 200: Mitessh Thakkar

Mitessh Thakkar of advises buying Interglobe Aviation and Adani Ports.

June 15, 2017 / 12:44 PM IST

Mitessh Thakkar of told CNBC-TV18, "Wockhardt has gone on a lot and maybe bouncing back from those levels. I would want to see the stock stabilise above these highs of Rs 640-645, another percent and a half maybe and then look at the slightly stronger upmvoe which could see this stock head towards Rs 675-680."

He further added, "DLF is showing good signs on intraday chart. We have had flagged it as a buy couple of days back and now the momentum is coming in, should head towards Rs 200 possibly."

"Dabur India had a pullback yesterday but should possibly move on the upside and Colgate Palmolive is something which after a rally was consolidating for the last four-five days, if it starts getting passed Rs 1,085-1,090, expect this stock to gain a lot more momentum."

"I have a buy on Interglobe Aviation, I think airlines clearly with the crude fall are gaining the benefit and that is a buy with a stoploss at Rs 1,158, look for target close to about Rs 1,220 and the other one is Adani Ports, finally trying to get pass at Rs 360-362 zone, so I would buy this one with a stoploss at Rs 357 for target of Rs 380," he said.
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