Buy Genus Power, Ahluwalia Contracts: Rakesh Bansal

Rakesh Bansal of RK Global told CNBC-Tv18, "As the technical structure is very good, Genus Power is making higher tops, higher bottoms, I will recommend a buy on this with a stoploss of Rs 44.50 for a target price of Rs 50."He further added, "In Ahluwalia Contracts India in yesterday’s trading session, we have seen a big price-volume breakout. Today, the stock is on a decline on a less volumes. It is an excellent buying opportunity. Buy the stock with a stoploss at Rs 274 for a target price of Rs 293.""Indian Hotel's technical structure is very good. We have seen a positive crossover on the momentum indicator, price chart is making higher tops, higher bottoms. Buy Indian Hotels, stoploss Rs 107 and target Rs 119," he added.