Here are Sameet Chavan & Manav Chopra's stock ideas

Watch the interview of Sameet Chavan of Angel Broking and Manav Chopra of Networth Stock Broking with Latha Venkatesh & Nigel D'Souza on CNBC-TV18, in which they shared their readings and outlook on the market, specific stocks and sectors.Below is the verbatim transcript of Sameet Chavan's interview with CNBC-TV18Sun Pharmaceutical Industries"Sun Pharmaceutical Industries' chart structure certainly looks good. Overall with a broader view, it is in a consolidation mode, but within this congestion zone, we are seeing some signs of strength. After a consolidation of nearly three to four days in a small band, the stock has given a decisive breakout beyond resistance zone of Rs 900 with a rise in volumes. So, this clearly indicates that the stock is likely to climb towards Rs 940-950 over the next few trading sessions.""We have a buy on Sun Pharma keeping a stop loss of Rs 872 and one can buy this counter on any dip," he added.GAIL India"Recently, in the last one to one and a half months, we have seen a smart recovery in GAIL India from the lower levels of Rs 260-270. However, the stock is now trading around its major resistance zone of Rs 325-330. Considering the recent rally of nearly 25-30 percent from lower levels, we believe that this important resistance level is likely to act as a major hurdle at least for the next few days.""Looking at the overall daily chart structure, we believe that there is a possibility of some profit booking in GAIL India. Thus we have a sell recommendation with a stop loss of Rs 333 and we have an immediate target of Rs 312," he added.Below is the verbatim transcript of Manav ChopraUPL"UPL has been on a very good uptrend and the kind of decline that we have observed into this stock is mainly just relative in nature. We have seen the stock sustaining above its long-term moving averages and after a short-term consolidation, it has given a good weekly close last week with volumes which indicates that atleast a short-term bottom is in place for the near-term.""From the short-term perspective, the important support areas for UPL would be at Rs 475 on the lower side and which also coincides with some short-term moving averages. So, keeping the odd risk reward ratio, having a stop loss of Rs 470 for the near-term perspective it can give us an upside target of Rs 510," he said.Marico"Marico has been forming a short-term consolidation phase which is nothing but a symmetrical triangle pattern. It has been in a very good uptrend since past four to five years and after such a consolidation, on its long-term averages, it has been observed that whenever there is a breakout in this stock, it usually leads to a new high.""Looking at the overall formation and since the stock has formed a very good support close to the levels of Rs 390, we can expect an upside breakout in this stock in the near-term perspective. So, Rs 390 will be the stop loss and we expect an upside target of Rs 440 which is close to its previous peak," he said.