Buy Biocon, Chambal Fertilisers and Chemicals: Mitesh Thacker

Mitesh Thacker of miteshthacker.com told CNBC-TV18, "Biocon is giving some continuation signals but trading below the swing lows of Rs 888. So, if it breaks Rs 888-890, I would be a buyer here with a stop loss of Rs 874 for targets of Rs 920.""Amongst the fertiliser stocks, I have picked up Chambal Fertilisers and Chemicals which has had a good price volume action yesterday along with Deepak Fertilizers and Petrochemicals Corporation. So, this one can be bought with a stop loss below Rs 65.50 for targets of Rs 73," he said.