Sandeep Wagle of powermywealth.com told CNBC-TV18, "I would recommend two stocks as buy ideas. One is Repco Home Finance which has given a clear breakout. Buy with a stop loss of Rs 675 for target of Rs 732. "
"Second is a buy on Arvind with a stop loss of Rs 393 and target of Rs 412. I would recommend a hold on Apar Industries as of now with a stop loss of Rs 740 and on an upside in the range of Rs 830-840 I would recommend an exit. I don’t see Rs 850 being crossed; that is a very strong resistance. So, sell on a bounce is what I would advise."
"I would recommend a hold in Natco Pharma. Stop loss will be around Rs 670 and my 6-12 months target would be somewhere around Rs 850."
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!