CA Rudramurthy BV of Vachana Investments told CNBC-TV18, "Exide Industries looks very strong. A lot of delivery based buying is seen at current level, plus even open interest addition is seen on the positive side. One can definitely go long on Exide, have a target of Rs 214 with a stop loss of Rs 200."
"I have a long call on Sun TV Network. Yesterday it has closed above Rs 910 and that has been a breakout level. One can expect targets of Rs 940 on Sun TV futures of current month and have a stop loss of Rs 910 for this long call."
"I have a buy call on Raymond. This stock is definitely seeing a lot of buying at supports closer to Rs 940. At current level, one can definitely look at going long on Raymond, look at target of Rs 995 and have a stop loss of Rs 960 for this long call," he added.
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