Buy Hindalco, M&M, Apollo Hospitals: Rahul Mohindar

Rahul Mohindar of viratechindia.com told CNBC-TV18, "Metals is an interesting space. We like Hindalco Industries for near-term targets of Rs 144. I would recommend buying with a stop loss of Rs 129.""The other stock which catches the eye is Mahindra and Mahindra (M&M). If you look at the last two years of data on the stock, it has been ranging between approximately Rs 1,100 and Rs 1,450. It is almost a two year range, but in the last 3-4 days, we have continuously closed above that level. In fact, I would extend that to say that there is every possibility today to close above Rs 1,450. So, putting everything together, the near-term trader can look at targets of Rs 1,520. If you are getting it at current level, Rs 1,445 is the stop loss you could be using," he said."We will be looking at Apollo Hospitals. The stock has been consolidating for a bit and for a target price of Rs 1,400 we would buy into the stock, stop loss being at Rs 1,338."