Buy Sintex Industries, Pidilite Industries; sell TVS Motor: Manoj Murlidharan

Manoj Murlidharan of Religare Securities told CNBC-TV18, "Sintex Industries has been in this range of Rs 111-116 and off late we have seen good money which has come in and even in the cash based delivery segment. So, we believe this is one stock that will be more surged on the upside because the VWAP concept which is the volume weighted average price has been following. So, at Rs 116 we still recommend a buy with a stop loss of Rs 110 and we are expecting a target of Rs 128."

"Pidilite Industries has seen good long built up and we are seeing the money not getting into banking as a sector in the last three to four sessions. We are seeing some money come back to FMCG and Pidilite would top the list. So, I would still say that we can buy that with a stop loss of Rs 766 and we recommend buying at Rs 775. The target would be around Rs 792," he said.

"TVS Motor should be a sell, at Rs 535 I recommend you can sell that with a stop loss of Rs 547 and we are expecting a target of close to Rs 506 on that. There is short built up, there would be pressure on the stock and that is what feel in the short-term."