Rahul Mohindar of viratechindia.com told CNBC-TV18, "The first stock that I would look at is buying into Bharat Petroleum Corporation (BPCL). I like the stock around Rs 700 mark. So, given a couple of days we are looking at new highs on the stock. So, Rs 750 is my target in the next 2 or 3 weeks with Rs 675 being a stoploss."
He further added, "In Tata Motors at around Rs 508 mark one should consider long positions. The stock really corrected over yesterday. We think Rs 495-500 that is a very nice support zone for the stock. So, that should be held. So, keep a stoploss at Rs 495 with a target of Rs 535 in the near term."
"I think the flavour of today has been pharma largely. Cipla at the current market price of around Rs 640-642 one could go long. We have a target on this at Rs 670. I would recommend it with a stoploss at Rs 627," he added.
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