Buy Bombay Dyeing with target of 380-385: Mitesh Thacker
The stock has corrected from levels of 440 to about 360 which is the 200 day average levels. The stock has shown strength but has been flat.
In a chat with ET Now, Mitesh Thacker, Technical Analyst, miteshthacker.com, shares his views on various stocks.
ET Now: What is your call on Bombay Dyeing?
Mitesh Thacker: There is a buy call on Bombay Dyeing. The stock has corrected from levels of 440 to about 360 which is the 200 day average levels. So, it is taking support for last two-three days. The stock has shown strength but has been flat in this falling market. So, buy with a stop at 357-360 and look for targets in the range of 380-385.
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