Bullish on ABG Shipyard despite risk: Mitesh Thacker

It is slightly high risk call but if somebody wants to take this bet, 372 should be a working stop loss over here and 397 to 400 could be the price target.

Mitesh Thacker, www.miteshthacker.com, talks to ET Now on ABG Shipyard.

ET Now: What are the stock recommendations for today?

Mitesh Thacker: A bit more pre-emptive call on ABG Shipyard. There is a good bullish pattern formation going on over there. It is slightly high risk call but if somebody wants to take this bet, 372 should be a working stop loss over here and 397 to 400 could be the price target.
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