Buy TCS, Granules India; sell Sun Pharma, Dr Reddy's: Thacker

Mitesh Thacker of miteshthacker.com told CNBC-TV18, "I have a mix of buys and sells. I have some midcap names and IT names on the buying side which is Adani Enterprises. It is now giving signals of a stronger upmove but it has closed right below the 200-day average. I would want to see it get past Rs 74 and then buy with a stop loss at Rs 71.50 for targets of around Rs 80.""I have been bullish on TCS for last two-three days. Clearly, it has given a very strong candlestick pattern, should see more upsides and this can be bought with a stop loss at Rs 2,225, for targets close to about Rs 2,325," he said."Granules India was the other one which was buzzing yesterday with good pricing volume break out. That is a buy with a stop loss at Rs 112 for targets of Rs 124.""Couple of sell names on the pharma side. Sun Pharma is a sell with a stop loss at Rs 673, look for targets of Rs 615-620 on the downside. Dr Reddy's Labs also had some negative signals on the intraday chart. So that is a sell as well, keep a stop loss at Rs 3,150 or just above it and look for targets of Rs 3,010."