Mitessh Thakkar of mitesshthakkar.com told CNBC-TV18, "Aurobindo Pharma and pharma stocks were doing very well on Thursday. The stock had a good intraday signals. That is a buy with a stop loss at Rs 713 for target of Rs 765. In Bajaj Finserv, a very strong swing breakout is taking place. So buy with a stop loss at Rs 5,430, look for targets of around Rs 5,700. Bharat Electronics also managed to close on a fresh high. That is a swing breakout as well, so recommend a buy here with a stop loss at Rs 183 for target of Rs 196. I have a conditional buy on Pidilite Industries, if it starts getting past Rs 838, buy with a stop loss of Rs 819 for target of Rs 880."
"One sell call is on Motherson Sumi Systems where I would want to sell around Rs 314, keep a stop loss at Rs 321 and look for target close to about Rs 300," he said.
"Divis Labs and Aurobindo Pharma from the pharma pack are seeing fall out from Thursday’s movements. So I think there longs could still be maintained or fresh longs can still be taken. Apollo Tyres is something which is clearly breaking below the levels of Rs 258-257 zone. So that could be a fresh shorting. We have had sell calls earlier but even now at current level, I would be comfortable shorting that one."
"I think Apollo Tyres has dipped a bit, so try to sell it around Rs 254-255 mark, keep a stop loss of about Rs 260 and look for Rs 245 as the target."
"I like Lupin as well but I would want to see it get past the day’s high of Rs 1,008 and buy then. Once that happens, buy with a stop at about levels of Rs 984 for target of Rs 1,045."
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