Buy OBC, REC, Colgate, Pidilite, Bhushan Steel: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "I have Oriental Bank of Commerce (OBC) on my list. For the time being I would buy the stock with a stop loss of Rs 118 and look for target of around Rs 133. Rural Electrification Corporation (REC) is something which has broken a good consolidation on the upside. So, expect an uptrend to continue over here, look for target of Rs 160 to begin with and buy with a stop loss at Rs 146.""I also have a buy on Colgate Palmolive, which after a long time is showing signs of an upmove. It has broken the 200-day average on the upside yesterday. So, that is a buy with a stop loss at Rs 908, look for target of Rs 955,"he said."Pidilite Industries is something which we have been recommending earlier as well but even at current level, it is showing signals of continuation of uptrend. So buy with a stop loss of Rs 684, look for target of Rs 730.""A midcap name - Bhushan Steel is a buy with a stop loss at Rs 55 and I would look at target of Rs 62 to begin with."