Sell Cairn India, Lupin; buy Bosch: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com CNBC-TV18, "While the market is extremely flat, couple of stocks that are showing momentum continuing from the Thursday’s session and one of them on the downside is Cairn India. Apart from metals, Vedanta and Hindalco Industries is where we have had sell calls. Cairn is on the verge of breaking down afresh, so I would start shorting this one with a stop loss of about Rs 297 and we will look for target of around Rs 275 on the downside."

"I have a sell on Lupin with a stop loss at Rs 1,445 and a target of around Rs 1,380. Bosch which had a quiet Thursday but had a breakout on Wednesday has seen some kind of a follow up, So, that is a buy with a stop loss below Rs 23,175, look for target of around Rs 23,700," he added.