Mitessh Thakkar of miteshthacker.com on Friday said, "Couple of metal names could be interesting on the buy side. Broadly, what has happened is that couple of banking names are also started to correct and I have one of them as the sell recommendation. So I have two sell calls, one of them is RBL Bank . It is going through some kind of mild weakness and corrective set up. So sell with a stop loss at Rs 518, look for target of Rs 470. The other sell is Ramco Cement with a stop loss at Rs 692, look for declines to about Rs 630."

He added, " I have three buy calls. The first is JSW Steel with a stop loss at Rs 200.50, look for target of Rs 214 and Jindal Steel Power with a stop loss below Rs 119.80 for target of Rs 129."

"Amongst the midcap cash stocks, I have a buy on Shipping Corporation of India (SCI) which appears to have complete a good pullback. So, buy with a stop loss at Rs 80 and look for target of around Rs 90," he said.

"Larsen and Toubro (L&T) has broken down so that is a sell with a stop loss at Rs 1,700, look for targets close to about Rs 1,630 and try to sell around Rs 1,675-1,680 range. The other one is Karnataka Bank, which I would sell with a stop loss at Rs 165.25 and look for a decline to about Rs 152." further commented.

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Mitessh Thakkar recommends; buy India Cements, Bharti Airtel, ICICI Prudential; sell IGL