Mitesh Thacker of miteshthacker.com told CNBC-TV18, "I have a technical opinion on GAIL India
. It has started some kind of a medium-term to longer-term uptrend. We have been very positive for the last few days and I would look at targets close to about Rs 465-470 to begin with in the next few weeks and possibly even higher levels."
" L&T Finance Holdings
is something I would wait and watch. I do like the stock but maybe after having seen very strong rally on Friday, on a pullback would want to buy this one. Currently, I would recommend selling into HDFC Bank
. The stock is slipping below key moving average at about Rs 1,260 level. So keeping a stop loss at Rs 1,265, I would want to look at targets of around Rs 1,220," he said.
"The other stock is Amara Raja Batteries
, some intraday break down is over there. So even if it breaks Rs 1,028, maybe then short with a stop loss at Rs 1,042 for targets of around Rs 1,000."