Buy Hero Moto, L&T Finance, Torrent Power; sell Apollo Hospitals, Marico: Mitessh Thakkar

Mitessh Thakkar of mitesshthakkar.com told CNBC-TV18, "The buy call is on Hero MotoCorp, where I would expect targets close to about Rs 4,100. It was a call on Monday as well. We are clearly seeing more continuation over here. So buy now with a stop loss at Rs 3,890 for Rs 4,100 as the target. I would buy L&T Finance  Holdings with a stop loss of Rs 168.50 for target of Rs 178. A buy on Torrent Power with a stop loss of Rs 197 for target of Rs 215."

"I have two sell calls, Apollo Hospitals Enterprises had a negative or bearish candlestick pattern on Monday. So, that is a sell with a stop loss at Rs 1,216 for target of Rs 1,145. Marico is something which possibly is giving a signal for a breakdown below the immediate support at Rs 317. So if it starts trading below that, I would sell with a stop loss at Rs 323 for target of Rs 305," he added.

"Tata Global is the stock to buy and hold for some time, it is heading towards Rs 220-225 at the least and possibly even higher levels if you give it some more time. It has run up nicely by about Rs 30 or 30 points in the last three sessions so you would want to accumulate story but now levels below Rs 175 are unlikely to be tested. So that being a stop loss, it is a good trade for a positional buy and hold kind of strategy."

"Union Bank of India amongst the PSU banking lot continues to be weak, so I would sell with a stop loss of Rs 130.50 for target of Rs 118. I have been negative on Apollo Hospitals for last few days here and that is a sell with a stop loss of Rs 1,186 and look for target of Rs 1,130."