Buy Indo Count, IDFC, JSW Energy, Syndicate Bk; sell Torrent Pharma: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "I have more of buy calls. Indo Count Industries has shown very strong signals yesterday. That is a buy with a stop loss of Rs 196 for target of Rs 218. We had a buy call on IDFC Bank yesterday, today I have selected IDFC. It has managed to get past the earlier swing highs of Rs 59.50-60 convincingly. I would buy this one with a stop loss below Rs 59.25, look for target of around Rs 66."

"Technical set up for JSW Energy is quite positive. I would be a buyer here with a stop loss below Rs 64.70, look for target of around Rs 71. I also have a buy on Syndiciate Bank which is showing continuation signals of the upmove. So buy with a stop loss at Rs 74 and target of Rs 80 can be looked at," he said.

"Finally one sell call, Torrent Pharma. Pharma has been the underperforming sector in this leg of the upmove. It has broken the key pivot support, so sell it with a stop loss at Rs 1,436 and look for target of around Rs 1,350," he added.