Buy Cipla, Maruti Suzuki, Zee Entertainment: Chandan Taparia

Chandan Taparia of Anand Rathi Securities told CNBC-TV18, "Cipla has seen the strong momentum just couple of days back. It rallied well from Rs 510 to Rs 560 and now after the consolidation of last five trading sessions, it is again set to start next leg of rally. We have seen rollover of more than 50 percent and expecting the rollover to touch 82 to 85 percent. Overall longs are intact in the counter. After long time, the stock is forming a positive price pattern, so the momentum may continue and one can buy with a stop loss of Rs 552 for target of Rs 580.""Next trade is buy on Maruti Suzuki, this stock has given a consolidation break out. Overall trend is positive. It has recently taken support near to Rs 4,810-4,820 zone. Today it has been continuously witnessing buying interest. We are expecting positive momentum in the counter. Fresh longs are being built in it and is all set to head towards this new lifetime high. So, recommending to buy with a stop loss of Rs 4,880 for targets towards Rs 5,050 and then new high territory," he said. "The last trading idea is buy on Zee Entertainment; this stock is continuously holding the gains. Rollovers are comparatively better, if I look at 4-5 series, it is continuously making higher top higher bottom. Recently, it made bottom near to Rs 497-500 zone and surpassed the previous hurdle of Rs 518 level. So, here I am expecting positive move. The stock has support near to Rs 511 one can follow the same as a stop loss level for the targets towards Rs 540."