Buy LIC Housing, M&M Fin, NMDC, Amara Raja; sell Wipro: Thacker

Mitesh Thacker of miteshthacker.com told CNBC-TV18, "LIC Housing Finance had a big break out couple of days back and it has completed a pullback to the moving averages on the intraday charts. So, there is a good trading set up, buy it with a deeper stop loss of Rs 531 for targets of around Rs 580 on the upside.""Wipro is the solitary sell. We had a sell call on CNX IT yesterday and that still looks to be underperforming in the broader market. Wipro continues to give signals of downtrend, I would look at targets of around Rs 516 and recommend selling it on a bounce back to about levels of Rs 529-530 with a stop loss at Rs 537.50," he said."On the buy side, I have M&M Financial Services which is reversing some kind of bearish pattern. So buy with a stop loss at Rs 329, targets of Rs 348.""Amongst the metals pack, I have chosen NMDC as a buy with a stop loss below Rs 100 for targets of Rs 110 and a buy call on Amara Raja Batteries where we have seen some intraday signals, so buy with a stop loss at Rs 910 for targets of Rs 960."