Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "As the Nifty is still consolidating between 9,200 and possibly 9,020, midcaps might marginally outperform the frontline stocks. So, I have a buy on Indiabulls Real Estate which is having a very strong price and volume breakout today. It is a buy with a stop loss at Rs 83 and look for target of around Rs 92."
"The second stock is Adani Ports. It has moved up slightly, so try to buy it around Rs 330-331 mark. Keep a stop loss below Rs 325 and I would look for target of around Rs 345 over there," he said.
"Technically, also the charts of Sintex Industries is look very promising, but after having rallied from levels of around Rs 96 to as high as about Rs 106 and all this happened within a matter of around a week now, last Thursday the stock was about Rs 96, maybe it is taking a breather, but as long as the levels of Rs 100-101 doesn’t get broken, I would be positive over here and eventually we should see the stock head towards Rs 115 plus level. So, maybe on a marginal dip of around Rs 2-2.50, I would be a buyer with a stop loss below Rs 100 and look at Rs 115 as the first target," he added.
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