Buy India Cements, DLF, Engineers India: CA Rudramurthy BV

CA Rudramurthy BV, Research Head at Vachana Investments told CNBBC-TV18, "I have three buy calls. India Cements has added a lot of open interest today and it is giving a range breakout. Rs 216 on a closing basis on India Future if we see today, the stock is definitely headed way above- Rs 240 can also be a target in medium term but one can expect immediate targets of Rs 224. Have a stop loss of Rs 210 for this long call."

"I have a second buy call on DLF Future. This stock is making this rounding bottom formation and giving a fresh breakout. Immediately one can look at target of Rs 215 and even this stock can go to Rs 240 plus levels in medium term. Have a stop loss of Rs 204 for this long call."

"I have a last buy call on Engineers India (EIL). EIL today has seen huge open interest addition. The stock has broken levels of Rs 157 which is a fresh breakout. It can head towards levels of Rs 175, have a stop loss of Rs 155 for this long call," he added