Mitessh Thakkar of miteshthacker.com said, "Bharat Electronics Limited (BEL) is a buy but a conditional buy. It is trading very close to the earlier swing highs of Rs 184-185. So, if it breaks that, if it gets past Rs 185-185.50, I would be a buyer there with a stop loss at Rs 179 for target of Rs 200."
He further added, "The second buy which I have is Hexaware Technologies. The stock had a very strong breakout yesterday. So, any pullback to about Rs 275 or thereabouts should be a good buying opportunity. Keep a stop loss at Rs 266, look for targets close to about Rs 290."
"Asian Paints is a first sell call, the indicators are turning negative, so sell with a stop loss at Rs 1,154 for target of Rs 1,090. Piramal Enterprises has bearish candlestick patterns for the last few days, it should most likely slip further. So, sell with a stop loss at Rs 2,766 for target of Rs 2,625. MRPL appears to have completed a pullback of the last two-three days, I would sell now with a stop loss at Rs 125 for target of Rs 114," he said.
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