Go long in Amara Raja Batteries, Bharat Forge: Prakash Gaba

Prakash Gaba of prakashgaba.com told CNBC-TV18, "I have two stocks and both on the longside. It is safer to play on the longside than the short side. I like Amara Raja Batteries which has formed the good base and after that good consolidation it has given a breakout. It can go to levels closer to Rs 820 zones. It is one to three days move. Keep stop loss below Rs 780, it can move faster as well."

"I also like Bharat Forge, this stock has been traditionally looking good, good base formation is here, and correction that we saw got over. Up move has resumed. Target on the upside is Rs 740 and stop loss is below Rs 700."

"Sun TV Network has bounced from Rs 840 zone and then it came to around Rs 960. I would book profit here or maybe have a stop loss below it and maybe chase it with trailing stop loss. I would have a stop loss below Rs 930 and chase it or may take half the money off. It is stressed up already, so it is the place for consolidation. Maybe it is a rest, maybe it can go up but be careful here and have a stop loss here," he added.