Buy Equitas Holdings, Capital First: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "NBFC space space looks interesting. Time and again, you are getting momentum and breakout buys over here which do very well. We are seeing the sector enjoying some kind of good follow-up once the breakout takes place. Between Capital First and Equitas Holdings for the time being, I think Equitas looks like it has completed a correction and has given some kind of a reversal. So now can be a good buy with a stoploss at about levels of Rs 160 and the first target on the upside should be close to about Rs 190 and beyond that the highest ever levels of around Rs 205-208 could be revisited."

He further added, "Capital First, the good part over here is that the stock has made a highest ever weekly closing. That is some kind of a swing breakout. So, keeping a stoploss at Rs 745, I would be a buyer here for targets of around Rs 860-875 and this is slightly a positional kind of a view."