Buy Sun Pharma, Infosys, JSW Steel: Rakesh Bansal

Rakesh Bansal of RK Global told CNBC-TV18, "Sun Pharma has not participated in a decline in past two-three days, it is making a rounding bottom formation. The kind of chart pattern Sun Pharma is having, it is on edge of a big breakout. The stock is likely to demonstrate a good breakout above Rs 805 levels, today's highs are at around Rs 805. I feel Sun Pharma is an excellent buy at current level with a stop loss at Rs 775 for a target price of Rs 825.""My second call is a buy on Infosys. Post good numbers, the stock has demonstrated a good breakout above Rs 1,100 levels. One should use such corrections to buy into Infosys, place a stop loss at Rs 1,097. It can potentially test Rs 1,186 levels by expiry," he said."My last call is a buy on JSW Steel. Today we are seeing some panic selling in metal counters like Vedanta but JSW Steel is the only metal counter in the F&O space. The technical structure is very good. On the downside, Rs 967 is a good support and I feel the stock is likely to demonstrate a good rally to around Rs 1,033. One can buy JSW Steel for a target price of Rs 1,033, place a stop loss at Rs 967.""If DLF closes below Rs 93, because today we have seen a gap down opening and chances of rally from the lows to fill this gap is more but if by any chance DLF closes below Rs 93 levels then towards closing I will recommend selling DLF."