Buy PTC India, Torrent Power, Gujarat Fluorochemicals; sell Sun TV: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "In Muthoot Finance, I would take a conditional buy, it needs to get past Rs 479-478 level and then the structure will  be positive. So, in case we get a breakout beyond Rs 480, buy with a stop loss of Rs 470, look for Rs 505 kind of a target."

"PTC India is a good trade, now showing signs of continuation by making a fresh breakout. So, buy with a stop loss at Rs 120, look for target of Rs 130."

"I also have a buy on Torrent Power, which had a big gap up opening and then we saw 200-day average being taken out with that gap and some follow up, so now I would buy afresh with a stop loss at Rs 190 for target of Rs 220," he said.

"Gujarat Fluorochemicals is the cash market stock, which I would buy with a stop loss at Rs 795, for target of Rs 850."

"A solitary sell call on Sun TV Network. Yesterday, it was a conditional sell below Rs 777, that has happened but even at current level, any mild pullback to about Rs 760 would be a good shorting opportunity. Keep a stop loss at Rs 781 and look for declines to about levels of Rs 720," he added.