Buy GHCL, Apollo Tyres, DLF, Ashok Layland: Rakesh Bansal

In CNBC-TV18's popular show Bull's Eye, Rakesh Bansal of RK Global shares trading strategy of the day.I first call is a buy call on Gujarat Heavy Chemicals Limited (GHCL). The stock is having an excellent price volume action. I feel it is likely to make a new 52-week high this week. All the momentum indicators are suggesting a buy. It is an indicator buy also and the price volume action is very supportive. Buy GHCL with a stop loss at Rs 127.25 for a target price of Rs 146. Yesterday we have seen a good price volume breakout in Apollo Tyres.on the charts. I feel the stock is likely to demonstrate a rally above Rs 200. Buy Apollo Tyres with stop loss of Rs 183.70 and target at Rs 203.DLF is likely to demonstrate a good rally ahead of expiry. Buy it with a stop loss at Rs 121 for a target price of Rs 140. Ashok Leyland is making higher-tops higher-bottoms on hourly charts. The stock is coming out of excellent accumulation. It has made a good rounding bottom formation at lower levels at around Rs 86. Buy Ashok Leyland with a stop loss at Rs 76.40 for a target price of Rs 93.