Buy NCC, target Rs 100: CA Rudramurthy BV

CA Rudramurthy BV of Vachana Investments told CNBC-TV18, "NCC is showing a lot of accumulation and delivery based buying is also seen. Built up in open interest is also seen and after having included in futures and options (F&O) series, the short-term trend is clearly up in the stock.""I see immediate targets of Rs 89 on NCC and even for November series, one can buy this for a target of Rs 100 and for a positional basis a stop loss at Rs 78 is a must," he said.