Buy Balaji Telefilms at 48 to 50 levels with a target 57-58: Mitesh Thacker

In a chat with ET Now, Mitesh Thacker, Technical Analyst, miteshthacker.com, shares his views on Balaji Telefilms.

ET Now: On Balaji Telefilms and even some of the midtier banking names, anything that you like there?

Mitesh Thacker: I was looking for Dena Bank but I will just finish off with Balaji first. This is a stock which is closer to significant breakout levels of 48 to 50. I would wait for a weekly breakout over here if that were to happen and there is a good chance that 57-58 on the upside could be tested.