Buy SAIL, Tata Power, Bajaj Corp: Mitesh Thacker

Mitesh Thacker of miteshthacker.com told CNBC-TV18, "Steel Authority of India (SAIL) is a good trade to get into with a stop loss at about Rs 49.40-49.30 and look for Rs 53-53.50 as the first target.""I have a buy on Tata Power. That is a stock which is now showing good strength above Rs 80, so buy with a stop loss at Rs 79 for targets close to about 86-87," he said."Conditional buy is on Bajaj Corp. It was quite active in the morning, slightly come off during the day but if it starts sustaining above Rs 415, I would buy this one with a stop loss at Rs 404 for targets of Rs 440."