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Mitesh Thacker’s top picks for today’s trade

Published on Wednesday, November 11th, 2009 at 10:04 AM
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Author: stockalert (2026 Articles)

stockalert

Technical Analyst Mitesh Thacker is bullish on Tata Power, State Trading Corporation and ITI Ltd, whereas he is bearish on Maruti Suzuki and Pantaloon Retail.

Here are the key levels to watch out for:

Buy Tata Power:

Target at Rs 1360-1375 per share

Stop loss at Rs 1299 per share

Current market price (CMP) at Rs 1327 per share

Buy State Trading Corporation:

Target at Rs 425 per share

Stop loss at Rs 359 per share

CMP at Rs 376 per share

Buy ITI Ltd:

Target at Rs 54 per share

Stop loss at Rs 45.50 per share

CMP at Rs 48.95 per share

Sell Maruti Suzuki:

Target at Rs 135001375 per share

Stop loss at Rs 1476 per share

CMP at Rs 1445 per share

Sell Pantaloon Retail:

Target at Rs 265 per share

Stop loss at Rs 321 per share

CMP at Rs 306 per share

Source : MoneyControl

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