Mitessh Thakkar of mitesshthakkar.com told CNBC-TV18, "I have a buy on Container Corporation of India (CONCOR). Looks like it is heading towards targets of around Rs 1,370 and I would keep a stop loss below Rs 1,280."
"Another stock is Indian Oil Corporation (IOC). Very good swing breakout is over there. So buy with a stop loss at Rs 444 for target of Rs 470."
"Essel Propack has given a very good breakout along with positive crossovers of indicators. So, keep a stop loss at Rs 270 and look for target of Rs 300," he said.
"Final buy call is on Godrej Properties which made a fresh 52-week high. Again, a good swing breakout is over there. Buy with a stop loss at Rs 554 for target close to about Rs 595 to about Rs 600," he added.
"One sell call and that is on Mahindra and Mahindra (M&M). Clearly news driven but the candlestick pattern was quite negative, the indicators were turning slightly negative with yesterday’s action. So, sell with a stop loss at Rs 1,380 for target of Rs 1,320."
"Biocon fell from Rs 420 to about Rs 320 and has come back to about levels of Rs 350 and that is where couple of important moving averages converge. So, I think unless and until we see the stock get past Rs 350, I think upward momentum will miss and we will just see a range of about Rs 320-350."
"Ujjivan Financial, yesterday had a big breakout day and I think today we will see follow-up. Also is the fact that it is kind of reversed or given a buy signal in the medium term chart. So, I think this rally is going to extend for next few weeks. So, I think buy now, buy on any dips, add more, and keep holding the stock."
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