CA Rudramurthy BV, Research Head at Vachana Investments told CNBC-TV18, "Britannia Industries looks very positive for me. This stock has given a clear breakout above levels of Rs 3,971. Big volume with open interest built up is seen in this stock which is very positive. It should immediately test levels closer to Rs 4,230 and eventually even Rs 4,400 is possible. Great stock to buy for momentum traders as well as investors for delivery."
"I have next buy call on Bata India. This stock has given a breakout above levels of Rs 595-600. Looks very positive in F&O with open interest addition. It looks very positive for investment too. Look at targets of Rs 618 initially with a stop loss of Rs 620."
"I have a last buy call on Ceat. The stock is consolidating with strong support at Rs 1,600-1,650 zone and this stock immediately can head towards Rs 1,850. Momentum traders can definitely buy into Ceat and this stock looks again very positive for me," he added.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
