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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.

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First Published on Mar 2, 2017 11:53 am
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