Buy Amara Raja Batteries, says Prakash Gaba

Prakash Gaba of prakashgaba.com told CNBC-TV18, "This is a time to buy Amara Raja Batteries because seeing the correction from Rs 1,000-1,100 zones to around Rs 824 zones the way it forming down looks like, actually the initial buy signal has generated. Give some time and this space is heading to levels closer to Rs 950. So, Amara Raja Batteries is good from a slightly medium to long term."

Amara Raja Batteries ended at Rs 877.45, down Rs 3.55, or 0.40 percent.