Moneycontrol Be a Pro
Get App
Last Updated : Mar 02, 2017 11:53 AM IST | Source: CNBC-TV18

Buy SAIL, Arvind; Jubilant Food may hit Rs 1090: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com recommends buying SAIL and Arvind and feels that Jubilant Foodworks may hit Rs 1090.

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "I have a buy on SAIL with a stop loss at Rs 62 for target of Rs 69. Jubilant Foodworks has moved up, so, try to buy it around Rs 1,045 to about Rs 1,040 zones. Keep a stop loss below Rs 1,018 and look for Rs 1,090 as the target." 

"A disclaimer, we have recommended Arvind to our clients. A good break out above that Rs 385-370 kind of a consolidation, so, I think it is heading towards Rs 400-405 in the short term. So, as a trading bet the stock could be bought with a stop loss at Rs 383 for target of around Rs 405," he said.

Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.
First Published on Mar 2, 2017 11:53 am
Loading...
Sections
Follow us on
Available On