HomeNewsBusinessStocksSell ACC, Infosys; buy M&M Financial: Mitesh Thacker

Sell ACC, Infosys; buy M&M Financial: Mitesh Thacker

Mitesh Thacker of miteshthacker.com is of the view that one can sell ACC and Infosys and buy M&M Financial.

October 07, 2016 / 12:08 IST
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Mitesh Thacker of miteshthacker.com told CNBC-TV18, "Couple of cement stocks are showing weakness. So I would want to short in ACC. That is one stock which is breaking down on an intraday charts. It is a sell with a stop loss at Rs 1,630 for targets of around Rs 1,580.""On the positive side, DLF might show some action on the upside. It is consolidating above its moving averages. If it can get past levels of Rs 157, I would be a buyer with a stop loss at Rs 154 for targets of around Rs 164-165," he said."Buy on M&M Financial with a stop loss at Rs 373 for targets of Rs 400 while Infosys is a sell with a stop loss at Rs 1,040 and maybe around Rs 995 to about Rs 990 could be a short-term target for the stock."

first published: Oct 7, 2016 12:08 pm

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