Buy Ajanta Pharma, IOC, United Breweries: Mitesh Thacker

Mitesh Thacker of miteshthacker.com told CNBC-TV18, "From trading point of view, I do like Balrampur Chini. I also like Shree Renuka Sugars because the stock has been sideways in the range of about Rs 18.50 to about Rs 15.50. So these are the two stocks clearly I am focusing upon. Shree Renuka Sugars will retest the earlier highs of Rs 18.50-19 on the upside. Balrampur Chini, if you look at the charts, in the short-term, once it manages to get past Rs 112-113, Rs 122 could be a good target.""If I were to talk of Bank of Baroda (BoB), even I would look at the stock possibly trading in the range of about Rs 174-160. Similarly, for Oriental Bank of Commerce (OBC), the range is around Rs 130-122. I am waiting for some kind of a correction and bias happening in over here, after the stock has gone through good outperformance," he said."I would be a buyer in Ajanta Pharma with a stop loss of about Rs 1,950 for targets of around Rs 2,020.""Amongst the OMCs, Indian Oil Corporation (IOC) has given a good intraday buy. This is something which the short-term traders can look at buying with a 10 point kind of stop loss at Rs 565 and Rs 600 could be a good target.""Very clearly, UB Group stocks are in some kind of a news. United Breweries can be bought with a stop loss at Rs 834 for targets of Rs 880.""Sell HDIL around Rs 87.50 with a stop loss just above 89.50 and Rs 83 is the next support level, which I am looking at."