Gaurav Bissa of LKP Securities told CNBC-TV18, "First recommendation would be on Max Financial futures. We have seen good amount of bounce back coming in from levels of Rs 600, some long positions are also seen getting breakout on daily charts, everything conjuncts for a target of Rs 660, with a stop loss of Rs 625."
"Second would be buy on Britannia Industries. We have seen the stock consolidating for last few weeks and now it has come out of consolidation. Good amount of long positions are seen getting built. The entire FMCG space is quite robust. This is one where one is yet to see good participation in the rally. With a stop loss of Rs 3,700, one can buy with a target of Rs 3,900," he added.
"Final would be sell on Indiabulls Housing Finance. It has already seen good amount of fall. It is near the target levels. Any bounce towards Rs 1,055-1,060 levels can be utilised to build fresh short positions for targets of Rs 1,030 with a stop loss of Rs 1,070," he said.
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