Buy Lovable Lingerie with a target of 395: Mitesh Thacker

In a chat with ET Now, Mitesh Thacker, Technical Analyst, miteshthacker.com, shares his views on Lovable Lingerie Ltd.

ET Now: What is your call on Lovable Lingerie?

Mitesh Thacker: I like Lovable Lingerie on the weekly charts but today it is showing some momentum on the short term. This suggests that the earlier highs of 390-395 should be tested. Given the fact that the overall structure on the weekly charts is positive, we might see a break above those levels. Keep a first target at 395. Around 370-372, the stock can be bought with a stop below 360 and for a target of 395 on the short term.