Mitessh Thakkar of mitesshthakkar.com recommends buying Jain Irrigation Systems, Apollo Tyres and RBL Bank.
Mitessh Thakkar of mitesshthakkar.com told CNBC-TV18, "I have a recommendation on Jain Irrigation Systems which after a long time has started to sustain and close above levels of Rs 110-111. So, that is a buy with a stop loss at Rs 108, Rs 122 should be the first target, though I suspect eventually higher targets would happen."
"Apollo Tyres after a correction has given signs of a short term trend reversal. For next 5-8 sessions this is a buy, keep a stop loss at Rs 243 and look for Rs 272 as the target."
"If you stretch the chart of RBL Bank a bit, starting from June 2017 which is roughly about 6 months now, the stock is doing a range of about Rs 545-550 to roughly about Rs 490-480 on the downside. I think that rangebound movement will still continue. Eventually with time, the stock should start breaking past Rs 550 and that should be a start of some kind of an upmove. The minimum target then should be about Rs 600 plus."