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Buy Tata Investment Corporation, sell GSFC: Mitessh Thakkar

Mitessh Thakkar of mitesshthakkar.com is of the view that one may buy Tata Investment Corporation.

June 14, 2017 / 11:53 IST

Mitessh Thakkar of mitesshthakkar.com told CNBC-TV18, "I have one buy call and one sell call but we have been exploring more of shorting opportunities in last few days. That still continues. Tata Investment Corporation amongst the midcap or the cash segment is a buy call. I think it is making a fresh 52-week high as well as it has given a good breakout. So, keep a stoploss below Rs 700 and look for target of Rs around 790."

He further added, "Gujarat State Fertilizers & Chemicals (GSFC) is a sell call with a stoploss at Rs 127.50 and I would look for target of around Rs 117."

first published: Jun 14, 2017 11:50 am

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