CA Rudramurthy of Vachana Investments told CNBC-TV18, "I have three buys calls. I am very positive on market. For me United Spirits looks very strong. It has given a breakaway gap at levels of Rs 2,250 and again today I am seeing a fresh breakout at Rs 2,340 zones. A lot of open interest addition is seen on the positive side. Initial targets of Rs 2,600 can be seen on United Spirits and have a stop loss of Rs 2,350 on this long call."
"I have a second buy call on Kotak Mahindra Bank. This stock for last two years has consolidated and now it has given a fresh breakout. It can head towards levels of Rs 1,050 immediately. One can have a stop loss at Rs 970 for this long call."
"I have a last buy call on Balkrishna Industries. This stock again looks very strong, fresh breakout seen at Rs 1,550 level. Today over 7 percent addition in open interest with prices moving on the positive side, Rs 1,700 can be the initial target on this stock and have a stop loss of Rs 1,580," he said.
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