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Buy Hexaware Technologies, Infosys, Bharat Electronics: CA Rudramurthy BV

CA Rudramurthy BV, Research Head at Vachana Investments suggests buying Hexaware Technologies, Infosys and Bharat Electronics.

August 17, 2017 / 13:58 IST

CA Rudramurthy BV, Research Head at Vachana Investments told CNBC-TV18, "I have three buy calls. I have a first buy call on Hexaware Technologies. This stock has given a clear breakout above levels of Rs 268 today and a lot of open interest addition is seen on the positive side. So, this stock can be bought in futures looking at target of Rs 295 and one can have a stop loss at Rs 268 which is the breakout level."

"I have a buy call on Infosys. This is more a responsive trade. Having seen that gap up open, it is definitely maintaining the same. One can have a stop loss of Rs 995 in futures on Infosys and look at targets of Rs 1,030-1,040."

"I have a buy call on Bharat Electronics (BEL). This stock has again given a clear breakout above levels of Rs 178. The stock is definitely in good up trend and accumulation has been seen in this counter. Look at initial target of Rs 190 on BEL and have a stop loss of Rs 178 for this long call," he said.

first published: Aug 17, 2017 01:55 pm

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