Buy Jindal Steel & Power, NCC; sell Reliance Naval: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "I have a buy on Jindal Steel & Power. I would be buyer if it drops a rupee or so. Buy with a stop loss at about Rs 168 and look for Rs 178 kind of a target."

"One buy call on NCC which is a slightly positional call, keep a stop loss at Rs 101.50 and look for target of around Rs 112-113 on the upside."

"A sell call on Reliance Naval which is continuing its decline, so sell with a stop loss just above Rs 50 and look for Rs 45 kind of a short-term trading target," he added.