Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "I have a buy on Arvind which has made a fresh high, given a pullback and now is appearing again to get into an uptrend. So that is a buy with a stop loss at Rs 408, look for Rs 434 as the target.
"Eicher Motors is something you couldn’t have missed yesterday, good numbers, the stock making fresh high. So that is a swing breakout trade, buy with a stop loss just below Rs 26,400, look for target closer to about Rs 28,000. I have one sell call, that is in ITC, which has broken below key support pivot levels with a bearish candlestick pattern. So, sell with a stop loss at Rs 277.50 and look for targe of around Rs 261.50," he said.
"The other sell call is in Jubilant Foodworks, again a very similar pattern to ITC, I would sell this with a stop losss at Rs 1,042, look for target of Rs 955."
"Amongst the realty midcap stocks, I have a buy on Anant Raj with a stop loss at Rs 63.50 and look for target close to about Rs 74-75."
"This will remain more of a stock specific market. Castrol India is something which I like and we had a buy call there yesterday. That has given signals of starting a fresh trend and I would not be surprised to see the stock eventually head towards targets closer to about Rs 480-485 on the upside. That will be a buy below Rs 440 and I would look at more than Rs 480 kind of target."
"JSW Energy could be in a trend which could see the stock head towards Rs 74-75, keep a stop just 0.50 paise below today’s low and that can be a buy call. The other one which I like is PC Jeweller. It is already covered in the morning as a recommendation, still looks very good, we would look at target close to about Rs 475-480 there."
"I did have HDIL as a buy call half an hour back but the stock has already run up. So if you get an intraday decline around Rs 97-97.50, it looks tough as of now but then that could be a buy idea with a stop at Rs 93.50 for target of Rs 105."
"A conditional buy on Axis Bank. It has suddenly come off but if it manages to get pass this Rs 525-521 zone, that will be a good breakout whenever it happens, not today maybe tomorrow or day after then buy with a stop at Rs 516 for target of Rs 538."
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