Sell M&M; buy Power Finance Corporation: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "It is mainly Reliance Industries' show; I think the rest of the market is still slightly under pressure. So, I have a sell on Mahindra and Mahindra (M&M) with a stop loss at Rs 1,313 and look for target close to about Rs 1,255." "Power Finance Corporation (PFC) has a good intraday setup, so, that is a buy with a stop loss at Rs 134 and look for Rs 145 as the target," he added.Disclosure: Reliance Industries owns Network 18 that publishes Moneycontrol.com.