Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "I do have one sell, that is on JSW Steel. We have seen some kind of indicators set up turning negative. The breakdown happens below Rs 187 but I am slightly tempted to take a short over here given the fact that the indicators have already broken down. So, keeping a stop loss at Rs 194, look for target of Rs 180 possibly even Rs 175 over the next few days."
"The rest calls are on the buy side. I have a buy on Dewan Housing Finance (DHFL), it has given good intraday buy signal yesterday. So buy around Rs 427-428, keep a stop loss at Rs 419, look for target of Rs 445," he said.
"Mindtree has been a recommendation number of times in the last few weeks and now is showing fresh continuation signals, which means that the uptrend could extend and that becomes a buy with a stop loss at Rs 545, look for target of Rs 580."
"I also have a buy on NBCC where we have seen some intraday continuation signals. So, would recommend a buy here with a stop loss at Rs 196, look for target of Rs 214. Amongst the midcap names, Uflex had a very strong continuation and a swing breakout. So, that is a buy around Rs 385, keep a stop loss at Rs 374 and look for target close to about Rs 410," he added.
"I have a buy call on Cholamandalam Investment. That is one stock which is still showing some positive traction on the hourly chart. So buy with a stop loss just below Rs 1,049 and look for target in the range of about Rs 1,100 to about Rs 1,120."
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