Buy Adani Transmission,CARE Ratings, Nalco; sell Dabur: Thacker

Mitesh Thacker of miteshthacker.com told CNBC-TV18, "I have most of the buys on the midcap side and, couple of sell calls. The buys are Adani Transmission which after completing a good pullback, yesterday had a very strong candlestick pattern suggesting the uptrend has restarted. So, buy with a stop loss at Rs 55, look for targets of Rs 70.""Pricing volume break out is observed in Credit Analysis and Research. That is a buy with a stop loss at Rs 1,420 for targets of Rs 1,600 and Nalco is also a buy with a stop loss at Rs 57.50 for targets of Rs 70," he said."Dabur India had a breakdown yesterday, a reversal from positive set up, so sell with a stop loss at Rs 285, look for targets of Rs 271. A conditional sell on DCB Bank, if it breaks Rs 106 or Rs 106.25, then sell with a stop loss at Rs 108.50 and look for a retest of 200-day average which is at Rs 102."