Buy Pidilite, India Cements, LIC Housing: Chandan Taparia

Chandan Taparia of Anand Rathi Securities told CNBC-TV18, "I have selected to go long on Pidilite Industries. This stock has added open interest by more than 19-20 percent on an intraday basis. It has also surpassed the multiple hurdle of Rs 735 zones after the long consolidation. It is trading in uncharted territories and a small follow up may take it to higher levels. So recommending to go long with a stop loss of Rs 723 for the upside target of Rs 760-770 levels." "I am expecting positive strength in most of the cement counters. I am expecting India Cements to head towards Rs 120-123 levels. So, we are recommending to take the 120 Call and expecting this call to move to Rs 8. So one can buy putting a stop loss of Rs 2," he said."Selective housing finance companies look quite strong. Bharat Financial Inclusion, LIC Housing Finance, Dewan Housing Finance, all these stocks are set to give a breakout. LIC Housing Finance managed to hold multiple support zones and supports are clearly shifting on the higher side and it is making higher tops and higher bottom formation. It is said to surpass the immediate hurdle of Rs 510 level and above that, the first leg of rally and the breakout cannot be ruled out in the counter. So, recommending to go long in LIC Housing Finance with a stop loss of Rs 495 for the upside target of Rs 525 level."