Buy IL&FS Transportation Systems: Mitesh Thacker

I have got couple of buy calls also emerging from some of the midcap stocks where we are seeing good participation, after the large caps have done their bit.

Mitesh Thacker, www.miteshthacker.com, in a chat with ET Now, gives his stock ideas for the day


What are your trading ideas for the day?

I have got couple of buy calls also emerging from some of the midcap stocks where we are seeing good participation, after the large caps have done their bit. I will begin with Bilcare here where I have got a target of Rs 409 and a stop loss at about Rs 385. Then second is a buy on IL&FS Transportation Systems. This stock has done lot of hard work and strong accumulation has happened in the range of 198-205. This stock is ready to break out. The first target would be about 226 and the stop loss for long period should be at about 202.
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