Sell ACC; buy NCC, PFC, Tata Chem, Balrampur Chini: Thacker

Mitesh Thacker of miteshthacker.com told CNBC-TV18, "I have one sell and four buy calls. The sell is on ACC where we have seen strong pricing volume breaking after the results came out. It could have gone into a downtrend, the stock can now be shorted with a stop loss of Rs 1,591 for targets of Rs 1,515.""The buy calls are on NCC which I would buy with a stop loss at Rs 88 for targets of Rs 100. Good pricing volume action is there. Similar kind of break out is happening in Power Finance Corporation (PFC). That is a buy as well with a stop loss at Rs 124 for targets of Rs 135. Tata Chemicals made a fresh high. So that is a swing break out trade, that is a buy with a stop loss at Rs 566.50 for targets of Rs 610," he said."Amongst the midcaps, I have picked up sugar stocks today. It is giving some positive crossovers of indicators, so Balrampur Chini can be bought with a stop loss at Rs 118 for targets of Rs 126."