Yogesh Mehta of Motilal Oswal told CNBC-TV18, "On the long side we are suggesting to buy Bajaj Finance. It had a low of Rs 1,720-1,718 yesterday, so today also we are recommending to buy it around current level keeping a stop loss of Rs 1,720 with an objective target at Rs 1,775."
"The other one which we are recommending is CESC, currently it is quoting at Rs 1,035 in future segment, keeping Rs 1,020 which is the 10 and 20 day simple moving average support. One can buy that and with a price objective of Rs 1,060," he added.
"The third one which we are recommending is L&T Finance Holdings. The stock has corrected from Rs 199 -200 levels to below Rs 180 yesterday. Keep Rs 182 as a stop loss and target could be around Rs 191," he said.
At 12:00 hrs CESC was quoting at Rs 1,019.00, down Rs 7.45, or 0.73 percent. It has touched an intraday high of Rs 1,035.30 and an intraday low of Rs 1,006.95.
L&T Finance Holdings was quoting at Rs 184.40, down Rs 0.20, or 0.11 percent. It has touched an intraday high of Rs 185.45 and an intraday low of Rs 182.25.
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