CA Rudramurthy BV, Research Head at Vachana Investments recommends buying Jain Irrigation Systems, Fortis Healthcare and Hindalco Industries.
CA Rudramurthy BV, Research Head at Vachana Investments told CNBC-TV18, "Stock specific lot of good counters are there to buy in F&O segment. For me Jain Irrigation Systems looks really good, lot of open interest addition is seen on the positive side with lot of delivery based buying. I expect even more a populistic with agricultural focused Budget and this is one stock which can do wonders from current level."
"I expect a huge target of Rs 175 on Jain Irrigation. One can even roll over their future contract for a month or two and have a stop loss of Rs 120. A very good risk reward trade and one can definitely look at going long on Jain Irrigation."
"I have a second buy call on Fortis Healthcare. Huge accumulation has been seen yesterday with delivery based buying. This stock added towards Rs 185, have a stop loss of Rs 155 and one can go long on Fortis Healthcare."