Buy Apollo Hospitals, Voltas; short Bharti Infratel: Gaurav Bissa

Gaurav Bissa of LKP Securities told CNBC-TV18, "My first recommendation would be buy on Apollo Hospitals. It is not moved too much and has not participated in the rally. We have seen the short absorption clearly evident over there and now some fresh longs are seen getting built. One can have a stop loss of Rs 1,090 and play for targets of Rs 1,140-1,160."

"Voltas is looking quite robust. Good amount of short covering is seen. 550 Call option has one of the highest concentration. Once it crosses those levels, short covering till Rs 565-570 can be seen. One can have a stop loss of Rs 538 and buy for target of Rs 565."

"Among the weaker ones, consistent short positions have seen getting built in Bharti Infratel. It has given a breakdown on the daily charts. One can have a stop loss of Rs 374 and short it for a target of Rs 360," he said.