Buy Bata India, JSW Steel; sell Asian Paints, Pidilite Industries: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "I have three buy calls and two sell calls. The buy calls are on Bata India where we saw some continuation signals on Friday. So buy with a stop at Rs 558, look for Rs 605 kind of target. Ferrous stocks were buzzing and JSW Steel had a good swing breakout trade. I would buy with a stop at Rs 210, look for targets close to about Rs 229-230. Similarly, NMDC is quite positive as well, the indicator has finally started turning up. So it is a buy but a conditional buy, let us see the stock price get pass Rs 116.50, that was the high on Friday and then buy with a stop at Rs 113, look for a first target of Rs 124."

"Two sell calls, short-term sell calls, intraday sell signals on Asian Paints where I would advise selling with a stop at Rs 1,131 for target of Rs 1,085 and Pidilite Industries with a very tight stop at Rs 826 and look for a small decline to about levels of Rs 790," he added.