Technical analysts Mitessh Thakkar of earningwaves.com and Shrikant Chouhan, Executive Vice President, Kotak Securities share their top stock picks for the day.

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From Mitessh Thakkar

Mitessh Thakkar's first buy call of the day is on Grasim. He recommends this with a stop loss below Rs 1,800 for an upside target of Rs 1,880. Shares have gained more than 1 percent in the last month.

He recommends a buy call on NALCO with a stop loss of Rs 88.75 for an upside target Rs 96.50. The stock is up more than 9 percent over the last month.

Among the sell recommendations, Thakkar has one on ABB India with a stop loss of Rs 4,235 for a downside target of Rs 4,100. Shares have declined more than 2 percent over the last month.

Shree Cement is another sell call from Mitessh Thakkar. His recommendation comes with target of Rs 22,750 and a stop loss of Rs 23,600. The stock has declined more than 8 percent in the last month.

From Shrikant Chouhan

Chouhan finds a buying opportunity in State Bank of India (SBI). He advises traders to keep a stop loss of Rs 600 and a target of Rs 630. Shares have gained more than 8 percent over the last month.

Grasim is another buy call from Shrikant Chouhan. Target is to be placed at Rs 1,900-1,930.

Lastly, Chouhan recommends a buy on Lupin. He advises a stop loss of Rs 920 and an upside target of Rs 1,000. Shares are up more than 7 percent over the last month.

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