Rahul Shah of Motilal Oswal recommends buying Reliance Industries, Jain Irrigation and UPL.
"Jain Irrigation Systems is showing good strength. One can buy with longs created in futures segment, the risk to reward looks quite convincingly in the stock. So, I would buy Jain Irrigation with a stop loss of Rs 92 and target of Rs 100," he said.
"UPL is again hitting closer to 52-week high. The stock has done quite well in couple of series and longs have created in the future segment as well. So, I feel technically also the stock has given break out. So, I feel with a stop loss of Rs 660 and a target of Rs 730 one should go long on UPL."
Disclosure: Reliance Industries owns Network 18 that publishes Moneycontrol.com.