Buy Ashok Leyland, CESC, Havells India, IRB Infra; sell CONCOR: Mitessh Thakkar

Mitessh Thakkar of mitesshthakkar.com told CNBC-TV18, "Ashok Leyland is a buy, it has given a very strong candlestick pattern, it was a buy earlier as well. Now can be bought afresh with a stop at Rs 105 for target of Rs 117. CESC after a couple of weeks of sideways consolidation, inactivity has given a positive crossover with a good and strong move on Friday. So buy with a stop at Rs 900, look for targets close to about Rs 1,000."

"Third buy is Havells India where we got multiple intraday buy signals but I would yet want to see the price get past the pivot levels of Rs 482, so it is a conditional buy. Buy above Rs 482, keep a stop at Rs 470, look for a Rs 505 kind of a target. IRB Infra is a stock which is buzzing on Friday, good pricing volume candlestick pattern there. That is a buy with a stop of Rs 218 for target of Rs 240," he said.

"I have a solitary sell on Container Corporation of India with a stop at Rs 1,166 for targets close to about Rs 1,090,"  he added.

"Reliance Capital is a buy with today’s low that could still continue the uptrend or the breakout which happened on Friday. The other stock which I like is Kaveri Seed. That is also showing a fresh swing high getting past the earlier highs of Rs 680, so keeping a stop below that, it could be a good trading bet as well."

"I had the buy on ONGC with a target of Rs 172, now the stock has moved out to Rs 168.50. So try to buy it on a mild decline around Rs 166.50 or Rs 167, keeping a stop at Rs 163, look for Rs 172 as the first target."

"The other one which I like is V-Guard Industries. After a breakout it has been on the sideways for about 3-4 sessions and could pick up steam very soon. So, that is a buy with a stop at Rs 188 and look for a target of Rs 208."