HomeNewsBusinessStocksSell M&M, L&T, Praj Industries, Pidilite: Mitesh Thacker

Sell M&M, L&T, Praj Industries, Pidilite: Mitesh Thacker

Mitesh Thacker of miteshthacker.com advises selling Mahindra and Mahindra, Larsen and Toubro, Praj Industries and Pidilite Industries.

September 27, 2016 / 09:46 IST
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Mitesh Thacker of miteshthacker.com told CNBC-TV18, "I have a sell on Mahindra and Mahindra (M&M). It is a sell with a stoploss at Rs 1,410, it has broken important support levels there and Rs 1,320 could be the next target over here.""The other sell calls are Larsen and Toubro (L&T), which has got some kind of bearish candlestick pattern. I would sell with a stoploss at Rs 1,490 for target of Rs 1,420.""Pidilite Industries has broken important support levels of about Rs 702 to about Rs 698. That can be sold with a stoploss at Rs 708 for target of Rs 665.""One midcap name in the sell side is Praj Industries, it is a sell with a stoploss at Rs 88.25 for target of Rs 82," he said.

first published: Sep 27, 2016 09:36 am

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