Buy Ambuja Cements, Arvind, Bodal Chemicals: Kunal Bothra

Kunal Bothra, Head of Advisory of LKP Securities told CNBC-TV18, "The first stock is a buy on Ambuja Cements. The stock is on a very strong weekly as well as monthly uptrend. I believe a target of Rs 250 is possible in it with a stop loss of Rs 222.""The second stock is a buy on Arvind. This is more of a monthly call. I sense that the stock is forming a bullish hammer on the monthly charts and I think it is a good level to try and enter into longer-term positions as well keeping the target of Rs 320 and a stop loss at Rs 250," he said."Third stock is a midcap buy on Bodal Chemicals. The stock is trading closer to Rs 70 today but on the longer-term charts, it is almost at its lifetime high in terms of closing basis. I believe it is a good stock in terms of momentum as well as volumes. I would look at a target of Rs 90 on Bodal Chemicals keeping a stop loss at Rs 60."