Buy Hero Moto, L&T Finance, Torrent Power; Sell Apollo Hospitals, Marico: Mitessh Thakkar

Nifty option Tips
Mitessh Thakkar of mitesshthakkar.com told CNBC-TV18, "The buy call is on Hero MotoCorp, where I would expect targets close to about Rs 4,100. It was a call on Monday as well. We are clearly seeing more continuation over here. So buy now with a stop loss at Rs 3,890 for Rs 4,100 as the target. I would buy L&T Finance Holdings with a stop loss of Rs 168.50 for target of Rs 178. A buy on Torrent Power with a stop loss of Rs 197 for target of Rs 215."

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"I have two sell calls, Apollo Hospitals Enterprises had a negative or bearish candlestick pattern on Monday. So, that is a sell with a stop loss at Rs 1,216 for target of Rs 1,145. Marico is something which possibly is giving a signal for a breakdown below the immediate support at Rs 317. So if it starts trading below that, I would sell with a stop loss at Rs 323 for target of Rs 305," he added.

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