Mitessh Thakkar of miteshthacker.com said, "I have a buy on Hero MotoCorp with a stop loss at Rs 3,780, would look for a bounce to about Rs 3,950. Infosys did well in a falling market on Friday, so that is a buy with a very tight stop loss at Rs 975, look for a rally to about levels of Rs 1,010. Also a buy on Tata Global Beverage which had a very strong price action after the numbers. That is a buy with a stop loss at Rs 160, look for target of Rs 171."
"I have two sell calls as well. I will sell Mahindra and Mahindra (M&M) with a stop loss at Rs 1,382, would look for declines to about Rs 1,310. Power Finance Corporation is a sell as well, keep a stop loss just above Rs 123 and look for targets of around Rs 108," he added.
Also Read:
Rupee recovered 17 paise against US dollar
Food Minister Paswan says, 'No plans to raise wheat import duty'
Ashwani Gujral says Motherson Sumi may test Rs 360-365