Manoj Murlidharan of Religare Securities
Manoj Murlidharan of Religare Securities told CNBC-TV18, "We like Granules India. There is good buying happening in the cash market and there is a very good rollover which is expected. Since the cost of carry for the stock is positive, we are expecting a follow up buying to come in today’s trade as well."
"Granules becomes a buy specifically for intraday or a swing trade as well. The cost could be Rs 131, we recommend to buy that. We feel that the stock might rally all the way to Rs 142-144 – that should be the target and the stop loss should be Rs 126."
"We would recommends buying Indiabulls Real Estate in the cash market. We all know there is a contract which is expiring in today’s trade, so, buying it somewhere close to Rs 208-210 because we expect the weighted average price of Rs 238 to be seen. The stop loss should be let us say Rs 198," he added.