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

He spoke at length about CESC, Divis Laboratories, Gujarat State Fertilizers and Chemicals (GSFC), Kotak Mahindra Bank, ICICI Bank, IndusInd Bank.

“I have all buy calls given the fact that I am expecting a retest and possibly a breakout. CESC had a good positive expansion yesterday. I would buy a stop at Rs 732 and look for targets close to about Rs 775. Divis Laboratories made a fresh swing high so buy with a stop at Rs 1,729 for targets of Rs 1,780. Also a buy on GSFC, it is a conditional buy because it needs to take up the intraday pivot at 107.50 so buy above Rs 108 keep a stop at Rs 105.50 for targets of Rs 113. Kotak Mahindra Bank is a buy with a stop at Rs 1,358 and Rs 1,410 could be a short-term target.”

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First Published:Apr 16, 2019 8:49 AM IST