Mitessh Thakkar of miteshthacker.com is of the view that one may buy Cairn India, Vedanta and Axis Bank.
He further added, "Cairn India managed to get passed the earlier highs of Rs 283-285. That is a buy with a stoploss below Rs 282.50. Look for target of Rs 298. The other stock which was clearly buzzing, made a fresh high was TVS Motor, I would buy with a stoploss of Rs 412 and look for target of Rs 444."
"I also have a buy on Vedanta with a stoploss at Rs 257 for target of Rs 275."
"Axis Bank is now showing signs of some kind of a trend which could be stronger than what we have seen in the recent times. So, it is a buy as well, keep a stoploss at Rs 484 and look for target of Rs 514 which also is the 200-day average," he added.