Mitessh Thakkar of mitesshthakkar.com told CNBC-TV18, "I have four buys and a sell as well. Radico Khaitan has broken out in all multiple timeframes. So that is a buy with a stop loss at Rs 178, first target of Rs 200 on the upside."
"Kotak Mahindra Bank had a good swing breakout and fresh highs. So, that is a buy with a stop loss at Rs 1,059 and look for target of Rs 1,125. I have a buy on Torrent Power with a stop loss at Rs 227 for target of Rs 245," he said.
"PVR was a stock which is clearly buzzing on tax reduction news on Friday. That can be bought with a stop loss at Rs 1,384 for target of Rs 1,445. "
"Solitary sell call, a conditional sell is on Max Financial. If it breaks Rs 578-579, sell with a stop loss at Rs 591 for declines to about level of Rs 550," he added.
"Granules India looks very strong, it has already moved up slightly. Try to buy it around Rs 140-141 mark, keep a stop loss below Rs 135 and look for Rs 152 kind of target."
"On the larger cap side, Bosch is something which attracts my attention. After a good correction, the stock is trying to bounce back. Let it get past Rs 21,750 and then we can look for rallies to about Rs 22,500 and then we can buy with a 250 points kind of stop loss."
"Apart from metals, I think cement is doing well. Ambuja Cements and ACC are doing well. So, I have picked up ACC. Looks like a good setup is there on the intraday charts. Buy with a stop loss at Rs 1,774 and look for Rs 1,820-1,825 kind of target."
"Bosch is having a good day. That is a buy as well; Rs 21,500 being your stop loss and Rs 22,500 or thereabouts being the target."
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