Buy TVS Electronic, Kaveri Seeds: Mitesh Thacker

Mitesh Thacker of miteshthacker.com told CNBC-TV18, "I would continue to trade on the long side. The Nifty IT which had shown good signs of reversal is slightly down, so good buying opportunities for most of the IT stocks like Infosys, HCL Tech or the Nifty IT index itself. Barring that, some midcap names which I have identified right now are - TVS Electronics is a buy with a stoploss at Rs 117 for target of Rs 140 and Kaveri Seed is a buy with a stoploss at Rs 390 and look for target of Rs 420."At 10:28 hrs TVS Electronics was quoting at Rs 132, up Rs 9.85, or 8.06 percent on the BSE.