Buy Adani Power, Arvind: Meghana Malkan

Meghana Malkan of malkansview.com told CNBC-TV18, "Adani Power is attempting to come out of a long consolidation and it is forming higher tops higher bottoms on daily charts. Hence I would like to place a buy call with a stop loss of Rs 54.50 for higher targets of Rs 58 and Rs 61.50 in it."

"Arvind is in good momentum on all timeframes. This calls for a buy on dips strategy with a stop loss of Rs 300 for higher targets of Rs 313 and Rs 321," she added.