CA Rudramurthy BV, Research Head at Vachana Investments told CNBC-TV18, "I am very bullish on the pharmaceutical sector. Aurobindo Pharma is consolidating now and is showing clear signs of breakout. One can have target of Rs 775. It can further move up and one can definitely go long. Have a stop loss of Rs 725 on Aurobindo Pharma for next month's series."
"Wockhardt is also looks very strong. Yesterday, huge delivery based buying and a lot of open interest addition has been seen in this counter. Look at target of Rs 675 initially and have a stop loss of Rs 620," he said.
"I have a buy call on Suzlon Energy. The stock looks very strong. One can definitely go long in the next series, have a target of Rs 18 with a stop loss of Rs 15.50," he added.
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