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Apr 10, 2015 03:19 PM IST | Source: CNBC-TV18

Here are few stock trading ideas from Manish Hathiramani

Watch the interview of Manish Hathiramani, Deen Dayal Investments with Reema Tendulkar & Mangalam Maloo on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.


Watch the interview of Manish Hathiramani, Deen Dayal Investments with Reema Tendulkar & Mangalam Maloo on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.


Below is the verbatim transcript of Manish Hathiramani's interview with CNBC-TV18


Ashok Leyland


I have a buy call on Ashok Leyland for a target of Rs 77.50 and a stop loss of Rs 72. It is a good looking auto index chart and is my best pick in the midcap space. The stock went past it's resistance of Rs 70 after its recent correction and now it is headed to levels closer to Rs 77-78.


Strides Arcolab


I like Strides Arcolab for a target of Rs 1,295 and stop loss of Rs 1,165. Strides Arcolab has moved phenomenally after it has crossed the price levels of Rs 1,000. We see very healthy volumes chasing it as well. It had taken a slight breather yesterday and I would now recommend a buy on dips for this stock.


Aurobindo Pharma


I have a buy call on Aurobindo Pharma with a target of Rs 1,400 and stop loss at Rs 1,270. The stock has taken good support at Rs 1,100 and has resumed it's uptrend. One should
be keeping this stock on radar even from an investment perspective because it has potential to touch levels of about Rs1,600.

Disclosure: Analyst has no personal positions in the stock but there are relative positions in Ashok Leyland.

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