Buy BEL, Tech Mahindra; sell Larsen & Toubro: Thacker

Mitesh Thacker of miteshthacker.com told CNBC-TV18, "I would want to trade into Bharat Electronics Limited (BEL), massive gap up opening suggest some kind of a trend has started. So, I recommend a buy here with a stop loss at Rs 1,290 for targets of Rs 1,365. On the Bank Nifty, I would want to take some kind of a short trade. So suggest buying 19,400 strike Put for the November expiry.""Buy Tech Mahindra with a stop loss at Rs 430 and I would look at targets close to about Rs 460," he said."Larsen & Toubro (L&T) is a sell with a stop loss at Rs 1,482 for targets close to about Rs 1,435-1,430."