Mitessh Thakkar of mitesshthakkar.com said, "I would buy three stocks. I think Cipla is something which we had a BTST yesterday but I think can be taken as a trading call as well today morning. So, buy with a stop loss at Rs 578 and look for rallies to extend to Rs 615."
"Petronet LNG had a very strong price and volume breakout. I think this has clearly got into a trend, we should see prices head towards Rs 250. I would buy this with a stop loss at Rs 221," he said.
He added, "Two sell calls, Larsen & Toubro (L&T) is a sell. I would want to sell it on a slight bounce back, so around Rs 1,145-1,150. Sell with a stop loss at Rs 1,166 for target of Rs 1,115."
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