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Last Updated : Aug 25, 2015 11:20 AM IST | Source: CNBC-TV18

Here are Siddarth Bhamre's top trading ideas

Watch the interview of Siddarth Bhamre of Angel Broking with Latha Venkatesh & Sonia Shenoy on CNBC-TV18, in which he shared his reading and outlook on market and specific stocks.


Watch the interview of Siddarth Bhamre of Angel Broking with Latha Venkatesh & Sonia Shenoy on CNBC-TV18, in which he shared his reading and outlook on market and specific stocks.

Below is the verbatim transcript of Siddarth Bhamre's interview with CNBC-TV18

Tata Consultancy Services & ACC


"Tata Consultancy Services (TCS) and ACC were the strong stocks, which have been fallen sharply in last three trading sessions and before the fall they were going up because of formation of long positions, we haven’t seen any unwinding. So whatever builtup has happened in TCS and ACC in last three trading sessions, it is not purely short built-up, it is formation of long as well."

"If you look at foreign institutional investor (FIIs) data yesterday there was Rs 1,200 crore of stock futures buyers with rising open interest (OI). I won't be surprised to see TCS and ACC among those. So in both of them I would suggest to go long. Only from three days perspective in TCS target will be Rs 2,660 with stop loss of Rs 2,540," he said.



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First Published on Aug 25, 2015 10:24 am
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