Buy Larsen & Toubro, Bajaj Auto, Capital First, ONGC, Allahabad Bank: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "Bajaj Auto has had a good consolidation breakout on the upside on Friday. That is a buy with a stop loss below Rs 2,970 for target of Rs 3,150. Capital First had its highest ever weekly closing. That is a buy with a stop loss at Rs 783.50, look for targets close to about Rs 840."

"Larsen & Toubro (L&T) has been sideways for the last three days, looks like a continuation pattern. So I would be a buyer here. Keep a stop loss at Rs 1,194, look for Rs 1,250 kind of a first target. ONGC had a good candlestick pattern on Friday’s strong pricing volume action. So, that is a buy with a stop loss at Rs 163 for target of Rs 174," he said.

"Amongst the smaller public sector undertaking (PSU) banks which were also buzzing, Allahabad Bank looks set for possibly heading towards targets of Rs 76.50-77. I would recommend a buy with a stop loss below Rs 70."

"L&T, Exide Industries and DHFL are the stocks which are having bullish set ups on the intraday charts. I would be long in all the three with a stop loss just below day’s low,"  he added.

"Buy UPL with a stop loss at Rs 828 for target of Rs 865 to about Rs 870. Tata Power Company is a buy, keep a stop loss just below Rs 82 and look for targets of about Rs 90."