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Buy Godrej Consumer, BPCL, LIC Housing Finance: Mitessh Thakkar

Mitessh Thakkar of mitesshthakkar.com recommends buying Godrej Consumer, BPCL and LIC Housing Finance.

May 29, 2017 / 10:16 AM IST

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "In Godrej Consumer, very good buy signals are there, intraday set up is quite positive. So I would buy with a stop loss at Rs 1,804, look for target close to about Rs 1,900. Other stock which I have in the buy list is BPCL. BPCL and HPCL, had a very strong session on Friday and BPCL managed to get past its earlier highs of Rs 735-740. So keep a stop loss below Rs 739 which is a tight stop loss and look for the first target of Rs 770 to about Rs 775."

"Amongst the housing pack, apart from Indiabulls Housing, I also like the charts of LIC Housing Finance. I would buy that one with a stop loss just below Rs 684 kind of levels and look for a target of around Rs 750 over the next few days," he said.

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