Buy IRB Infra, BHEL, Capital First: Kunal Bothra

Kunal Bothra of LKP Securities told CNBC-TV18, "The first buy is a buy on IRB Infra. After last two months, for the first time it seems to be that the stock would probably close above the 50-day moving average. I think that could be a good sign because on a lower trajectory the stock has been losing around 15-16 percent in the last two months. But if the stock closes above the 50-day moving average it could see some recovery there. So, from a short term perspective you could look at least Rs 225 as an immediate target for stop loss at Rs 210.""The second buy is on Bharat Heavy Electricals (BHEL), a very interesting stock because I think one year of steep correction from Rs 290 levels to even double digit, the stock has managed to come back once again quite strongly. It is making a good bullish flat formation on a daily chart which is what is triggering very well for the stock in terms of daily chart. I would look out for at least Rs 145 as a target on BHEL with stop loss at Rs 124," he said."The third stock is a momentum buy on Capital First. The stock is already in a very strong uptrend on a weekly as well as monthly timescale. I would look at a continuation once again as well. It has already hit a fresh 52-week high today. I would look out for targets Rs 605 on Capital First and the stop loss at Rs 565."