Buy Shriram Transport, SKS Micro, DLF, Titan; sell PNB: Taparia

Chandan Taparia of Anand Rathi Securities told CNBC-TV18, "Shriram Transport Finance, after a consolidation of last couple of trading sessions is all set to start the fresh leg of rally. It is all set to give the highest daily closing in the last many months and momentum extent was the recent high. We are recommending to buy with a stop loss of Rs 1,085 for a higher target of Rs 1,113.""Second trade is buy on SKS Microfinance. Recently it made bottom near Rs 582 zone and now showing the sign of momentum after the consolidation for last couple of consolidation. Expecting it to move towards Rs 630. So recommending to buy with a stop loss of Rs 585," he said."Third trade is buy on DLF. We have seen sustained buying in most of the real estate counter although it has hurdle near Rs 130 zone but looking at the derivative data and the huge open interest activity, it indicates that the stock has potential to move towards Rs 132-134 kind of levels. So recommending to trade with option, buy 130 Call, keep the stop loss of Rs 1.5 for target of Rs 7.""We are also recommending an intraday trade on Titan Company. The stock is moving in a range of just Rs 3-4 but holding the gains and continuously making higher highs and higher lows from last four-five trading sessions. It is making a strong price pattern on daily and weekly charts and now it is on the verge of breakout and because of that, momentum cannot be ruled out in the counter. Recommending to buy with smaller stop loss of Rs 368 for target of Rs 380.""Last trading idea is sell on Punjab National Bank (PNB). We have seen some selling pressure in the stock and on selective public sector undertaking (PSU) banks, which indicates that weaker structure may remain intact. The stock continues to fall down from last three weeks, we may see some weakness. So suggesting to sell with a stop loss of Rs 82 for the downside target of Rs 73."