Yogesh Mehta of Motilal Oswal Securities told CNBC-TV18, "We are looking at Larsen & Toubro (L&T) as a largecap and its consolidation was on for last 13 sessions and now being closed at Rs 1,575 on Friday on the future segment, we are looking at a buy keeping a stop loss of Rs 1,540 with a target of Rs 1,650."
"Another one is Hindalco Industries, the consolidation in last one to one and a half months or so between Rs 180 and Rs 200, now it is Rs 195, considering Rs 188 as a stop loss one can look at Rs 210 as a target," he said.
"Bharat Forge, the one which is a conditional buy, if it goes above Rs 1055 then it is a buy otherwise Rs 1,042 is a current price, Rs 1015 is the stop loss and target could be in the range of Rs 1,110."
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