Buy Canara Bank, Infosys, Hindalco, India Cements: Kunal Bothra

Kunal Bothra of LKP Securities told CNBC-TV, "One can buy Canara Bank. I sense that the PSU banks are probably looking at some sort of a short-covering move. I sense that there could be probably more days where you could see some good momentum. Canara bank just broke a swing high of Rs 189-190. I believe it can head to Rs 204 which is my target. I have kept a stop loss at Rs 183." ""One can also buy Infosys. The stock, after 7-8 days has been continuously consolidating, but the larger trend which it started post that result day is still intact. The stock is comfortably above its longer-term moving averages as well. So, I sense that over the next couple of days, Infosys could probably start to lead the market from the front. I expect Rs 1,180 as a target on Infosys given a timeframe of at least one week. Stop loss is at Rs 1,115," he said."The third stock is a buy on Hindalco Industries. This is more of a contrarian call. It has been beaten down. I sense that the metal stocks like Tata Steel and JSW Steel are looking quite strong. I think all the other metal names especially Hindalco should start picking up momentum very soon. I expect a target of Rs 76 to be met on Hindalco in the timeframe of one week, stop loss is at Rs 69.""The fourth stock is a buy on India Cements. This is more of a trending pick. In the last three or four days, the stock has shown some good momentum. It has been building up in terms of gains. I expect a target of Rs 95 to be met, stop loss is at Rs 86.50."