Buy HUL, CONCOR, Ambuja Cements; sell TCS: Chandan Taparia

Chandan Taparia of Anand Rathi Securities told CNBC-TV18, "We are suggesting to go long on Hindustan Unilever (HUL). The stock has given a fresh breakout after a long weekly consolidation and added fresh open interest (OI) by 5-6 percent. We are recommending to buy with a stop loss of Rs 900 for target of Rs 940.""We have a positive view on Container Corporation of India (CONCOR). This stock has been holding the gains. We have seen a positive price pattern. One can buy with a stop loss of Rs 1,450 for an immediate target of Rs 1,520-1,550 kind of level," he said. "Tata Consultancy Services (TCS) has been falling down from last three weeks, in fact making lower highs, lower lows from last five trading sessions. It has broken the weekly support of Rs 2,465 and it did fresh built up of short positions. I am expecting it to go down, one can sell with a stop loss of Rs 2,500 for the downside target of Rs 2,450.""Ambuja Cements is simply moving upwards and has been making higher tops, higher bottoms. We have seen a strong rally in last three-four series and positive rollover indicates that the stock has potential to move up further for 5-7 percent. It is trading at its 52-week high and crossed the immediate hurdle of around Rs 258-259 zone after the accumulation of last four-five trading sessions. So recommending to buy 260 Call with a stop loss of Rs 4 and expect it to move towards Rs 12.""Another trading call is buy on Godrej Industries. The stock is giving a fresh new high after the multiple year breakout. So, expecting it to move towards Rs 430-435, keep the stop loss of Rs 8 and expect this Call to move towards Rs 17."