Buy Ajanta Pharma, IndusInd Bank, Arvind: Chandan Taparia

Chandan Taparia of Anand Rathi Securities told CNBC-TV18, "Ajanta Pharma has given a fresh breakout and trading at life time high territory. We have seen open interest addition of more than 12 to 15 percent in last couple of trading sessions. I am expecting the fresh leg of rally which may take it to Rs 1,650. So, one can buy with a stop loss of Rs 1,560.""Selective banking counters like YES Bank and IndusInd Bank may continue their upmove by 3-4 percent in next few sessions. So, recommending to go long in IndusInd Bank keeping a stop loss of Rs 1,060 for target of Rs 1,120," he said."One can also trade long in Arvind for target of Rs 310. Dr Reddy's Laboratories may see some bounce back move which may move the stock by Rs 40-50 towards Rs 360-380 levels."