Buy Tech Mahindra, Corporation Bk; sell Glenmark: Thacker

Mitesh Thacker of miteshthacker.com told CNBC-TV18, "The sell is on Glenmark Pharma where we have seen some break down. That is a sell with a stop loss of Rs 889 for targets of Rs 838. HDFC Bank has come out of buy signals, it is entering into negative signals, can be sold with a stop loss at Rs 1,260 for targets of Rs 1,210. Karnataka Bank has had a downside break down, so that is a sell with a stop loss at Rs 114.50 for targets of Rs 105.""Tech Mahindra can be bought with a stop loss at Rs 434 for targets of Rs 470. Corporation Bank is also a buy with a stop loss of Rs 45.50 or just below it and look at targets of around Rs 52," he said.