Buy Aurobindo Pharma, Lupin: Vishal Malkan

Vishal Malkan of malkansview.com told CNBC-TV18, "Pharma has been on the run in the last one, one and a half year and the last couple of months we had seen some good correction in those stocks. And in this correction, we should buy couple of stocks which are looking very good on the monthly and the long-term charts which are Lupin and Aurobindo Pharma. If one is ready to hold on for a year then he/she can get good returns on the stocks.”

“Glenmark Pharma would be one stock which I would be interested if at all I want to invest in pharma stocks apart from Lupin and Aurobindo. So, Glenmark looks good at these levels and we can look at around Rs 1,000 or Rs 1,100 plus targets,” he added.