Mitesh Thacker of miteshthacker.com told CNBC-TV18, "I have been recommending buys on UltraTech Cement
earlier, I think ACC
is something which I like from a trading perspective with a short-term buy. I am recommending a buy with a stop loss at Rs 1,323 for targets of Rs 1,380."
"The buys are on Infosys
, we did see some kind of bounce back from IT couple of days back and have seen about 3-4 days of consolidation. Most of these stocks have completed a pullback to intraday averages, so Infosys is what I have selected as a buy with a stop loss at Rs 960 for targets of Rs 1,010," he said.
"Amongst the high beta names, Reliance Capital
which has finally started sustaining above the 200-day average could be an interesting bet, so buy with a stop loss at Rs 431 and look for targets of Rs 455."
"In auto, I have picked up TVS Motor
with a stop loss at Rs 367 for targets of around Rs 390. I also have one sell call on Apollo Hospitals
which did break down on intraday charts yesterday. So, I would sell this one with a stop loss at Rs 1,214 for targets of Rs 1,160."