Mitessh Thakkar of mitesshthakkar.com told CNBC-TV18, "I have chosen a mix of midcap stocks where their patterns are very strong. I have a buy on Hindustan Construction Company (HCC) where we had a very strong candlestick pattern yesterday. So, that is a buy with a stop loss below Rs 42.70 for target of around Rs 47.50-48."
"A buy in Granules India where the intraday charts gave a very positive crossover. So, I would buy this one with a stop loss of Rs 138.60 and look for target of around Rs 148," he added.
"Amongst the cement names, India Cements is one which has been outperforming and has been making higher highs along with UltraTech Cement. India Cements has given a fresh breakout yesterday. So, I would buy with a stop loss at Rs 170 for target of Rs 185."
"Power Grid has a very strong price in volume action, and swing break out taking place over there. That is a buy as well. Keep a stop loss at Rs 206.25 and look for target close to about Rs 221."
"A solitary sell call on Oracle Financial Services Software. That is a gap break down trade, so, I would sell with a stop loss at Rs 36.40 and look for a slightly positional trade to about target of Rs 3,400, possibly even Rs 3,300," he added.
"Aditya Birla Nuvo has moved up slightly. Try to buy it around Rs 1,590 with a stop loss below Rs 1,560 for target of around Rs 1,640-1,645."
"Grasim Industries was a conditional buy above Rs 1,100. I think it is just getting past those levels. So, buy with a stop loss at Rs 1,079 for target of around Rs 1,155."
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