Watch the interview of Rishi Kohli of Pro-Alpha Systematic Capital and Sameet Chavan of Angel Broking with Reema Tendulkar & Nigel D'Souza on CNBC-TV18, in which he shared his reading and outlook on market and specific stocks.Below is the verbatim transcript of Sameet Chavan's interview with CNBC-TV18:SBI Public sector undertaking (PSU) banking has been bucking the trend since last three-four days. State Bank of India (SBI) looks good with a very good risk to reward ratio. It can be bought at current levels keeping a stoploss below Rs 235 and we have a target of Rs 258.Lupin and HPCL Lupin has seen a decent correction in last three weeks from the levels of Rs 2,050-2,100. However, it has now reached its multiyear trendline support region of Rs 1,750-1,740. Since last couple of days it has been taking support around its important support level and it is now moving higher. If you look at Friday's price action, we can clearly see a long-legged doji pattern formed around its important support and this pattern has now been activated. Thus going forward, we expect an immediate bounce at least towards Rs 1,850-1,860 over the next few sessions.Our final recommendation would be to short Hindustan Petroleum Corporation Ltd (HPCL) for a target of Rs 702 and stoploss can be kept at Rs 794. On last Tuesday, we witnessed a breakdown from its major support zone of Rs 755 on a closing basis with sizeable volumes. Since last three days, the stock has given a decent recovery from its lows of Rs 730-728 but we believe that Rs 780 to Rs 775 would act as a strong resistance. Thus it could be a very good shorting opportunity by keeping a stoploss at Rs 794.
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