Mitessh Thakkar of miteshhthakkar.com told CNBC-TV18, "Asian Paints has broken out of a continuation pattern. So buy with a stop loss at Rs 1,217 for targets close to about Rs 1,280. Berger Paints have a very similar kind of breakout pattern, it is a swing breakout, buy with a stop loss at 261, look for Rs 280 as the target."
"Petronet LNG clearly is newsdriven but good continuation breakout is here as well. I would buy this one with a stop loss at Rs 231 for targets close to about Rs 250. Tech Mahindra had very strong signals on the hourly charts so that is a buy as well, keep a stop loss at Rs 433 and look for target of Rs 460."
"One sell call is on Torrent Pharma on the short side. Sell with a stop loss at Rs 1,220 for targets of around Rs 1,135," he added.
"Big breakout has taken place over NCC, it is heading towards Rs 100. Disclaimer that we have recommendations there and the other one is Strides Shasun that is having a very strong move in the morning, very strong intraday set up and a mild gap up opening so that could be another stock which would do very well for the next few days to come."
"ACC has given a fresh breakout, it is at all-time high as well as getting pass the pivot level of Rs 1,825 so I would be a buyer here with a stop loss at Rs 1,814 for target of Rs 1,880."
"NCC might just consolidate for a few more hours but very clearly the chart is biased now on the upside so buy this one as well, keep a stop loss at Rs 86 and look for Rs 102 kind of target."
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