Moneycontrol
Jul 29, 2016 01:42 PM IST | Source: CNBC-TV18

Buy Sun TV, Amara Raja, Karnataka Bank: Manish Hathiramani

Manish Hathiramani of Deen Dayal Invstments is of the view that one can buy Sun TV Network, Amara Raja Batteries and Karnataka Bank.

Manish Hathiramani of Deen Dayal Invstments told CNBC-TV18, "My first buy is on Sun TV Network for a target of Rs 470, stop loss of Rs 410. The last 3-4 sessions have seen better than the average volumes. What is more interesting is that the stock has crossed the previous high of Rs 436.80 and hence a newer high is expected."

"The second stock is a buy on Amara Raja Batteries for a target of Rs 970, stop loss Rs 880; Rs 890 to Rs 910 has seen a good upsurge with volumes. The stock has also risen out of the bear mode. We should now witness a positive upsurge," he said.

"The last stock is a buy on Karnataka Bank for a target of Rs 165, stop loss Rs 145. The stock was a little lost a few sessions back. The levels of Rs 153-154 were the real key points to watch out for. We have triggered that today and that makes it a positive candidate."

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