Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "I have four buy calls and one sell call. The buy calls are on mostly the NBFC side, I have a Bajaj Finserv as a buy with a stop at Rs 4,300, I would look for Rs 4,500. It is showing good continuation signals of the movement which started two days back. Cholamandalam Investment had a good breakout above important levels of Rs 1,135-1,140. So, now keep a stop just below that - Rs 1,134 is what I recommend and look for target of Rs 1,240."
"Hindalco Industries was buzzing but I would want to see the stock price get past the pivot of Rs 205.50. So maybe once it breaks above Rs 206, buy with a stop at Rs 201 for target of Rs 216. Another buy call is on Kaveri Seed Company, good intraday set up, so buy with a stop at Rs 638, look for Rs 675 kind of target," he said.
"The solitary sell is on Max Financial, some bearish patterns are over there, so I would sell this one, keep a stop at Rs 596 and look for Rs 555 kind of a target," he added.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!