The latest analysis and commentary by stock market guru Mitessh Thakkar on what is moving the markets today. Check out his top stock recommendations.

He spoke at length about UltraTech Cement, Adani Enterprises, LIC Housing Finance and MCX.

“UltraTech Cement negative candlestick pattern, sell with a stop just above Rs 3,830. Rs 3,700 should be the first target. Adani Enterprises, gap breakdown, sell with a stop of Rs 147.50. Rs 131 should be the target. LIC Housing Finance is my third sell call. It is a sell with a stop of Rs 430 for targets of Rs 400 and MCX, the chart structure has weakened in the last few days. So there could be a gap down opening and a follow through so sell with a stop of Rs 706, look for the first target of Rs 665,” he said.

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First Published:Dec 11, 2018 9:30 AM IST