Moneycontrol
HomeNewsBusinessStocksBuy Snowman Logistics, BEL, Jain Irrigation: Mitesh Thacker
Trending Topics

Buy Snowman Logistics, BEL, Jain Irrigation: Mitesh Thacker

According to Mitesh Thacker of miteshthacker.com, one may buy Snowman Logistics, Bharat Electronics, Jain Irrigation Systems, Sharda Cropchem and DB Corp.

January 04, 2017 / 09:20 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Mitesh Thacker of miteshthacker.com told CNBC-TV18, "I have all buy calls but most of them are from the midcap side. Snowman Logistics had a very strong price and volume action yesterday. I would recommend a buy with a stop loss at Rs 52.50 for targets of around Rs 60." "Bharat Electronics (BEL) appears to have completed a pullback and getting into a buy mode again. Buy this one with a stop loss below Rs 1,400 and look for targets of Rs 1,470," he said."Also, a buy on Jain Irrigation Systems with a stop loss below Rs 88 and I would look for targets close to about Rs 98-99 on the upside. Sharda Cropchem had a good swing break out. That is a buy with a stop loss at Rs 460 for targets of Rs 525." "DB Corp is a buy as well. Keep stop loss below Rs 360 and look for targets close to about Rs 395."

first published: Jan 4, 2017 09:20 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!