Positive on cement stocks: Mitesh Thacker

In a chat with ET Now, Mitesh Thacker, miteshthacker. com, shares his views on cement sector.

ET Now: How would you position yourself tomorrow on cement sector?

Mitesh Thacker: We have been very positive on cement but not been able to exactly trade it very nicely or profitably because of the volatility. The latest breakout today has been India cements managed to get pass the 200 day average at about 82.5 odd levels. And that is the one stock, which I would be comfortable holding. We have been extremely positive on ACC with price targets of 1300, which are nearly to be met. India cements is one stock which is looking upside at about 90-92.