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Sell Infosys; buy UPL, Tata Power: Mitesh Thacker

Mitesh Thacker of miteshthacker.com is of the view that one may sell Infosys and buy UPL and Tata Power.

August 17, 2016 / 16:31 IST
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Mitesh Thacker of miteshthacker.com told CNBC-TV18, "Infosys remains a sell, so that could be buy today and sell tomorrow. The other two I have on the buy side - one of them is UPL which made a fresh high and finally managing to get pass levels of Rs 635 -640. So that should see spill-over of momentum for tomorrow. I would buy this with a stop loss below Rs 635 for targets of Rs 660.""Tata Power Company appears to be getting into the game again. I think it was showing good traction few days back. It is a buy with a stop loss of Rs 77 for targets of around Rs 80," he said.

first published: Aug 17, 2016 04:31 pm

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