HomeNewsBusinessStocksBuy Vedanta, Reliance Capital; sell Hexaware: Mitesh Thacker

Buy Vedanta, Reliance Capital; sell Hexaware: Mitesh Thacker

Mitesh Thackerof miteshthacker.com recommends buying Vedanta and Reliance Capital and advises selling Hexaware Technologies.

August 17, 2016 / 10:05 IST
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Mitesh Thackerof miteshthacker.com told CNBC-TV18, "I have a mix of buy and sell calls today. The buy is on Vedanta with a stop loss at Rs 165 for target of Rs 180. Reliance Capital, which had a good swing break out with volume support is a buy with a stop loss at Rs 450 for target of Rs 478.""A couple of sell calls coming in from Hexaware Technologies with a stop loss at Rs 216.50 for targets of Rs 200," he said."Strides Shasun has given some kind of break down below key levels, that is a sell with a stop loss at Rs 1,133 for targets of Rs 1,070.""Sell on the IT index itself where I would suggest selling the CNX or the Nifty IT with a stop loss at about 11,135 and look for targets close to about 10,740."

first published: Aug 17, 2016 10:03 am

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