Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "I have Dish TV and Glenmark Pharma as my sell side calls. So, in case the market phases supply at higher levels, I would suggest selling Dish with a stop loss at Rs 79.50 for targets close to about Rs 70. Glenmark made a fresh low, so I would sell that with a stop loss at Rs 596 for targets of around Rs 550."
"HDFC Bank has managed to reverse from strong support of Rs 1,740 and has given a good intraday signal. So, that is a buy with a stop loss at Rs 1,769 for target of Rs 1,825. Larsen and Toubro (L&T) had a very strong pricing volume day on Friday, that is a buy with a stop loss at Rs 1,145 for target of Rs 1,225."
"PVR is a buy as well. Keep a stop loss below Rs 1,330 for targets close to about Rs 1,440," he added.
"Jain Irrigation opened with a big gap up, that could see good momentum, so keep a stop loss below Rs 104-104.50 and look for targets close to about Rs 115."
"Britannia Industries is making a fresh high. That continues to show strength. So I would want to see it get past levels of Rs 4,330-4,340 and then take a trade with a stop loss below Rs 4,290, look for Rs 4,500 kind of a target."
"I would buy GAIL India with a stop of Rs 387 for target of Rs 415. Petronet LNG is a buy with a target of Rs 245-250."
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!