Buy Bosch, Eicher Motors; sell Reliance Def, Motherson, Indian Bank: Thakkar

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "I have a mix of buy and sell calls. I have a buy on Bosch. That had a good breakout from sideways consolidation. So I would buy that with a stop loss below Rs 23,000, look for target close to about Rs 24,000. The second buy is again a high value stock Eicher Motors which made a fresh swing breakout. So that is a buy with a stop loss at Rs 26,000 and a target of Rs 27,250. Eicher was a call yesterday as well."

"Three sell calls, the first one is a sell on Reliance Defence, which has given some kind of a breakdown on the short-term charts. So sell with a stop loss at Rs 66.50, which is above it and look for Rs 62.50 as the near-term target. A sell on Motherson Sumi, we are observing some breakdown on the intraday charts, so sell with a stop loss at Rs 379.50, look for a short target of around Rs 362," he said.

"A sell in Indian Bank with a stop loss at Rs 271 and a target of around Rs 253, I would want to sell it around Rs 265 levels," he added.