Mitessh Thakkar of mitesshthakkar.com told CNBC-TV18, "I have three buy calls and two sell calls. The buy calls are on Century Textiles which had a very strong pricing volume and a swing breakout, I would buy with a stop loss at Rs 1,198, look for targets of close to about Rs 1,275."
"HCL Tech is a buy as well. It has given a good pullback for last few days, bounced back from support. So, keeping a stop loss at Rs 870, this could be bought for targets of around Rs 925."
"Jet Airways is the third and final buy call which had some good intraday patterns, so that is a buy with a very tight stop loss at Rs 601 and look for targets of around Rs 630," he added.
"Two sell calls, the first is Berger Paints where we have seen some indicator set up turning slightly negative. So around Rs 243 is what I would recommend selling with a stop loss at Rs 250 for targets close to about Rs 230. Sun TV is a sell as well. It is a conditional sell. The chart structure is weak but I would want to see the stock break below pivotal levels of Rs 777. So sell around Rs 776 if it comes and keep a stop loss at Rs 796 and look for declines to about levels of Rs 730," he added.
"I would suggest buying into Tata Steel. It is breaking with a gap up making a fresh high. So that could be bought with the stop loss just below levels of around Rs 580 and look for targets around Rs 625. Repco Home Finance is clearly something which has broken down with a gap on bad numbers. That could be sold with a stop loss of Rs 735, look for declines to about Rs 665-670 zone."
"Bajaj Auto is continuing the momentum which it showed on Friday and I would be a buyer here with a stop loss below Rs 2,850 for targets of around Rs 2,975."
"Tata Global Beverage is a buy with a stop loss at Rs 164.50 and look for targets close to about Rs 180."
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