Buy CESC, BEL, Strides Shasun: Rakesh Bansal

Rakesh Bansal of RK Global told CNBC-TV18, "My first call is a buy call on CESC, there we have seen a positive crossover on the momentum indicators in today’s first hour of trading. It is a buy with a stoploss at Rs 545 for a target price of Rs 580.""My second call is a buy call on Bharat Electronics; on hourly chart we have seen a price volume breakout. BEL is a technical buy with a stoploss at Rs 1,140 levels for target price of Rs 1,238," he added. "My last call is a buy call on Strides Shasun, on hourly charts we are seeing rounding bottom formation which is technically considered bullish. Among the pharmaceutical space Strides Shasun is having a good technical structure. Buy Strides with stoploss of Rs 1,093 and target of Rs 1,188," he said.