Sell Granules India, Karnataka Bank, Syndicate Bank; buy IGL, Bharat Financial: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "I would want to sell Granules India with a stop at Rs 140.20 and look for target of Rs 131. Karnataka Bank has been a sell earlier and yesterday also we had a sell call there. That is a sell with a stop just above Rs 155.50, look for declines to about levels of Rs 140 which is close to 200-day average area and some intraday sell signals on charts of Syndicate Bank which I would suggest selling with a stop at Rs 78 for targets close to about Rs 72."

"Two buy calls, IGL is doing extremely well, making fresh highs, the indicator set up is quite positive. So buy with a stop at Rs 1,144, look for a Rs 1,235 kind of target. Bharat Financial Inclusion is a buy as well. I would suggest a stop loss at Rs 794 and look for target of Rs 865," he added.

"Bharat Financial Inclusion is showing good strength and possibly will see the continuation today. So I would still be a buyer over here. In Hero MotoCorp, we are keeping a stop loss above day’s high, I would want to short that for targets close to about Rs 3,550."