Bhambwani told CNBC-TV18, "Stock broking firms like Emkay are actually a contrarian play. You should buy these stocks when the markets are down because people expect the broking revenues to go down. At this point in time, Emkay should be bought because you have seen decline in broking firms stock prices. With a medium to long term perspective support seen coming in at Rs 80-Rs 85 odd levels which should also be stop loss, in case you want to keep at stop loss. And on the upsides once Rs 120 is overcome, the stock is seen heading back to Rs 140-Rs 150 odd levels. So from my side it's a hold."
"Triveni Engineering, you could hold on with a stop at Rs 90 on the upsides if you see Rs 120, would suggest to get out of this stock and look at alternates in the same industry."
