CA Rudramurthy BV of Vachana Investments told CNBC-TV18, "I have three buy calls. Market looks very bullish and it is a buy on very dip; this has been the mantra for all people in this bull market."
"First of all, I have a buy call on Sun TV Network. This stock looks very positive. Currently it is consolidating, Rs 780-790 has been a strong base for this stock. Look at initial target of Rs 870. One can buy the next month future contract having a stop loss of Rs 790 and looking for Rs 870 as target."
"I have a second buy call on DLF. This stock has given a fresh breakout above levels of Rs 190. The stock is now consolidating and positive open interest build up is seen. Look at initial target of Rs 215 and even eventually it can go even to levels closer to Rs 250. Have a stop loss of Rs 194 for this long call," he said.
"I have a last buy call on India Cements. This stock can look towards levels of Rs 240. Initially it has to close above Rs 216 to see the Rs 240 target. It has strong supports at levels of Rs 197-200 and definitely this is a buy on every dip for an eventual target of Rs 240," he added.
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