Buy Dhanlaxmi Bank with target of 70: Mitesh Thacker
"...this one can be accumulated today in the range of 60 to 57. The stop loss should be below 53 and price targets of 69 to 70 look very very likely over here."
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| Updated: Mitesh Thacker, Technical Analyst, miteshthacker.com, talks to ET Now on various stocks.
What is your call on Dhanlaxmi Bank?
I have got a buy on Dhanlaxmi Bank. There was some kind of positive news as well as very strong price and volume action yesterday. It has gone through a big consolidation in the range of about 53. So this one can be accumulated today in the range of 60 to 57. The stop loss should be below 53 and price targets of 69 to 70 look very very likely over here.
What is your call on Dhanlaxmi Bank?
I have got a buy on Dhanlaxmi Bank. There was some kind of positive news as well as very strong price and volume action yesterday. It has gone through a big consolidation in the range of about 53. So this one can be accumulated today in the range of 60 to 57. The stop loss should be below 53 and price targets of 69 to 70 look very very likely over here.
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