Rajat Bose of rajatkbose.com told CNBC-TV18, "I am recommending three stocks, two of them from pharmaceutical sector and one is an automobile stock. The stock that I have in my personal portfolio, Biocon, I would put a stop loss below Rs 607.50, short term target is Rs 623 and Rs 630."
"Ajanta Pharma has started moving and my feeling is that it is actually likely to cross Rs 1,400 levels. Rs 1,405 to about Rs 1,412 is the target and put a stop loss below Rs 1,364."
"Ashok Leyland is about to post a new high once again. Rs 138 and Rs 139.50 are the two targets and the stop loss should be Rs 132.90."
"So all three are buys when in Nifty 500 there are about 350 stocks on the upside and very few on the downside," he added.