Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "Asian Paints is something which was actually a kind of going through an uptrend and then it gave a pullback for the last 7-8 days. I think these are good levels to buy into this one. I would buy now with a stop loss below Rs 1,048 and look at Rs 1,120 as the possible target on the upside."
"Currently, I have two cement stocks as short-term recommendations. India Cements is a buy with a stop loss at Rs 157.50 for target of Rs 168. ACC is also a buy as well, keep a stop loss at Rs 1,407 and Rs 1,455 is the upside target," he added.
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