Gaurav Bissa of LKP Securities told CNBC-TV18, "I have a sell on Ceat Futures. The stock has seen decent amount of shorts. I was long couple of days back. It was holding at Rs 900-910 levels. So there is a chance that it may again retrace levels of Rs 950-960 - that has not been the case. It has given a breakdown on daily charts. So I recommend selling for a target of Rs 850 with a stop loss of Rs 895." "I have a buy call on Jet Airways Futures. The level of Rs 545-550 is a zone from where we see a good bounce back coming on account of short covering. I am not seeing significant short build-up happening. A very mild action happening in Future segment, so there is a possibility that it may again try to retrace levels of Rs 575-580. With a stop loss of Rs 545 one can go long on it with a target of Rs 575," he said."I have a buy call on KPIT Technologies Futures. A consistent long position in the last few trading sessions and it has given a breakout today as well. So now the stop loss should be placed at Rs 186 and play for a target of Rs 197-198."
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