Buy Colgate Palmolive, advises Kunal Bothra

Kunal Bothra of LKP Securities told CNBC-TV18, "Over the next one or two days, if there is a correction of almost 50-60 points further on Nifty that is where timing many of the stocks would be crucial. Sun Pharmaceutical Industries would be a good buy. Trading in a range of Rs 770 would be a very good range to enter into Sun Pharma.""Some of the other names like HCL Technologies is also looking excellent on charts. Even Colgate Palmolive is forming inverse head and shoulder pattern. I believe that from a short-term perspective you can look to buy back or go long on the stock," he said.