Sell Tata Motors; buy HDFC Bk, Power Grid: Mitesh Thacker

Mitesh Thacker of miteshthacker.com told CNBC-TV18, "I have mainly sell calls and only solitary buy. Sells are on Apollo Hospitals with a stop loss at Rs 1,286 for targets of Rs 1,225. IndusInd Bank is a sell with a stop loss at Rs 1,208 and I would look for targets of Rs 1,160. Tata Motors is a sell with a stop loss at Rs 522 for targets of Rs 478.""HDFC Bank is a buy with a stop loss at Rs 1,255 and look for short-term targets of Rs 1,350. While Power Grid is another buy, I would like to buy it on slightly declines, around Rs 181.50. Traders can look to buy into this one with a stop at Rs 177 for targets of Rs 190," he said."One stock which I would yet be comfortable selling a fresh would be BPCL. That can be sold with a stop loss at Rs 648 and look for targets of Rs 610. One buy is in Canara Bank but that is a conditional buy. I would want to see the price get past Rs 319 and buy then with a stop loss at Rs 314 and look for targets of Rs 330."