HomeNewsBusinessStocksSell BPCL, Dish TV; buy Bharat Forge: Mitesh Thacker

Sell BPCL, Dish TV; buy Bharat Forge: Mitesh Thacker

Mitesh Thacker of miteshthacker.com advises selling Bharat Petroleum Corporation, Dish TV and Kotak Mahindra Bank.

November 24, 2016 / 09:57 IST
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Mitesh Thacker of miteshthacker.com told CNBC-TV18, "I have a sell on Bharat Petroleum Corporation (BPCL) but it is a conditional sell and I would want to see the stock price break Rs 628 level and then sell with a stoploss at Rs 641. Look for targets of Rs 605."He further added, "Dish TV underperforming, remains below key levels, so can be sold with a stoploss at Rs 87 for target of around Rs 80. I also have a sell on Kotak Mahindra Bank - I have been highlighting that banking could be possibly underperforming sector and this is one with a negative chart sector, so sell this one with a stoploss of Rs 786 for target of Rs 725.""Bharat Forge has been outperforming, shows good intraday buy signals, so recommend a buy here with a stoploss at Rs 880 for target of Rs 935 and Strides Shasun had a good pricing volume action yesterday, good intraday charts. So that is a buy with a stoploss of Rs 1,060 for target of Rs 1,135."

first published: Nov 24, 2016 09:57 am

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