Buy Future Retail, Reliance Communications: Paras Bothra

In CNBC-TV18's popular show Bull's Eye, Paras Bothra of Ashika Stock Broking shares his trading strategies for the day.

Future Retail is buzzing with activities, so we think that this stock should also do reasonably well. We recommend a buy on this stock with a stop loss of Rs 86 and a target of Rs 95.

We have a buy call on Reliance Communications. The price activity remains high and strong and we think that the momentum is likely to continue for the stock after a huge consolidation for couple of months. We have a target of Rs 142 for the stock with a stop loss of Rs 130.