Market guru Mitessh Thakkar of mitesshthakkar.com gave his verdict on important stocks for Tuesday’s trade in an interview with CNBC-TV18.
Thakkar’s recommendations:
Mahanagar Gas
“Mahanagar Gas (MGL) is something which I have been recommending for many days [over the] last few weeks. It is still showing good continuation signals, the trend is far from over, could head towards next target of around Rs 1,010 that is a buy at current levels with a stop at Rs 972.”
Tata Motors
“Tata Motors, there is some kind of good price and volume breakout so I have chosen the DVR [differential voting rights] that is a buy with a stop below Rs 63 for targets of Rs 73.”
Pfizer
“Pfizer is something which is a cash stock, but very strong breakout taking place on the weekly and the monthly charts here. That is a buy with a stop at Rs 3,630 for targets of Rs 4,100.”
Ujjivan Financial Services
“Solitary sell call is on Ujjivan Financial Services, sell with a stop at Rs 282 for targets of Rs 264.”
Follow stock recommendations by Mitessh Thakkar here.
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