On Tuesday; Mitessh Thakkar of miteshthacker.com recommends "I do have one sell, that is on JSW Steel. We have seen some kind of indicators set up turning negative. The breakdown happens below Rs 187 but I am slightly tempted to take a short over here given the fact that the indicators have already broken down. So, keeping a stop loss at Rs 194, look for target of Rs 180 possibly even Rs 175 over the next few days."
Thakkar further said, "The rest calls are on the buy side. I have a buy on Dewan Housing Finance (DHFL), it has given good intraday buy signal yesterday. So buy around Rs 427-428, keep a stop loss at Rs 419, look for target of Rs 445."
"Mindtree has been a recommendation number of times in the last few weeks and now is showing fresh continuation signals, which means that the uptrend could extend and that becomes a buy with a stop loss at Rs 545, look for target of Rs 580." added
"I also have a buy on NBCC where we have seen some intraday continuation signals. So, would recommend a buy here with a stop loss at Rs 196, look for target of Rs 214. Amongst the midcap names, Uflex had a very strong continuation and a swing breakout. So, that is a buy around Rs 385, keep a stop loss at Rs 374 and look for target close to about Rs 410," he added.
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