Buy KPIT Tech, Granules India, DLF; sell Tata Global: Taparia

Chandan Taparia of Anand Rathi Securities told CNBC-TV18, "KPIT Technologies is holding well above its 200-day moving average (DMA), continuously making higher tops and higher bottoms formation. We are recommending to go long even after the market pressure, keeping the stop loss near Rs 155 for target of Rs 168.""Today we have Granules India's results. This stock looks strong to move towards Rs 140 levels. We have seen delivery base buying and open interest (OI) activity in the counter. So recommending to buy with a stop loss of Rs 131 for target of Rs 140," he said."Suggest a buy on DLF, trade with 130 Call in the May series. This stock is continuously holding from last couple of weeks. We have seen the strong momentum in the entire series by more than 12 percent. Usually it used to be a negative beta counter but now it is holding the gains even when market is declining which clearly indicates the outperformance nature of the counter. The stock can move to Rs 135, we are recommending to go long with 130 Call keeping the stop loss of Rs 3 and this stock can move towards Rs 11.""We are also recommending a sell on Tata Global Beverage. The stock has failed to surpass immediate hurdle of Rs 123-123.50. After a consolidation, it is now turning lower. We have seen liquidation of long position. It is probably all set to fall below its 50-day moving average. So some weakness might be there in the counter. One can sell with a stop loss of Rs 123.50 for target of Rs 115.""I also suggest a sell on Apollo Hospitals. The stock is continuously making lower top, lower bottom formation. We have seen strong recovery in the broader indices but this stock is simply moving down. It is down from last two series. Now it is near to major support and holding below Rs 1,300 may take the selling opportunity. Recommending to sell with a stop loss of Rs 1,330 for target of Rs 1,265."