Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "Yesterday was a very strong price action in Jain Irrigation Systems which gave a breakout on the upside and I am looking at targets of Rs 110-112 to begin with. That apart, I am also equally very positive on stock charts like JustDial as well as The Ramco Cement. So all the three stocks in the midcap arena should do well for the next few weeks."
"Ujjivan Financial Services and Equitas Holdings look interesting on the medium-term chart basis. So closer to about Rs 355, Ujjivan is an excellent entry. I think Rs 350-345 is the zone, which I don’t think it will break below. So, Equitas after a big effort managed to pass Rs 169-170 zone. I think today in case we opened around that area and start bouncing back, that would be a buy as well with a stop loss below Rs 165," he said.
"I had a buy on Tata Global Beverage around Rs 196.50-197 mark, it has already moved up a bit. So on a cool off, try to buy it with a stop loss of Rs 192, look for Rs 209 kind of a target."
"HDFC Bank could break down if it starts getting below Rs 1,737, sell then with a stop loss at Rs 1,756 for targets close to about Rs 1,700."
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