Buy Rural Electrification Corporation, Sun Pharma: Rahul Shah

Rahul Shah of Motilal Oswal told CNBC-TV18, "Rural Electrification Corporation (REC) and Power Finance Corporation (PFC) have been doing well since this series. Continue to buy REC from current level, keep a stop loss of Rs 185 and target of Rs 205.""We have seen pharmaceutical space getting into longs, entire space looks good and attractive, which was laggard since last three series. In that largecap, Sun Pharma need to catch up and we have seen the stock showing some kind of positive sign and the longs added on the F&O front as well. Buy Sun Pharma with a stop loss of Rs 778 for target of Rs 830," he said.