Sell Bata India, Godrej Consumer Products: Mitesh Thacker

Mitesh Thacker of miteshthacker.com told CNBC-TV18, "Bata India has completed a pullback and ended yesterday with some negative pattern on the intraday and the candlestick chart. So, I would sell this with a stop loss of Rs 556 for targets of around Rs 520.""After good rally, Godrej Consumer Products has begun some kind of corrective process and some negative indicators crossovers being recorded on charts, so technically the set up is negative. I would sell with a stop loss at Rs 1,532 for targets of around Rs 1,430," he said.