Here are Chandan Taparia's top trading ideas

Watch the interview of Chandan Taparia of Anand Rathi Securities with Latha Venkatesh & Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.Below is the verbatim transcript of Chandan Taparia's interview with CNBC-TV18Voltas"We are positive on Voltas. The stock has made multiple bottoms near to Rs 245 zone in last two series and now that support is shifting to Rs 265 levels. In the entire series, we have seen significant open interest addition, so open interest is up by around 50 percent with the positive price action. I am expecting this momentum to continue and the stock can heads towards Rs 315. So, recommending to buy with a stop loss of Rs 265." "I am turning positive on selective capital goods counter like Voltas. Larsen and Toubro (L&T) also negated its negative trend. In Voltas we have seen significant open interest addition in this series and that is the reason that we are recommending to go long in the counter towards Rs 315 and then Rs 350 if someone is talking about two to three months horizon," he said. "Interestingly, I have noticed that in the year of 2007 and 2010 Voltas was finding hurdle near to Rs 265 zone and now that same resistance is acting as a support. So it is a classical example of resistance becoming support," he added.JSW Steel"We have seen strong recovery in most of the metal counters but JSW Steel has been an underperformer in entire metal pack. In last five-six trading sessions, this stock was continuously witnessing selling pressure near to Rs 935-940 zone. In last 10-12 trading sessions we have not seen any open interest addition in the counter, even after a volatile move.""Overall trend indicates that the stock is in bear grip and weakness may continue in the counter. We are recommending to sell JSW Steel with a stop loss of Rs 935 for the downside target of Rs 850-840 zone," he said.