Shardul Kulkarni of Angel Broking told CNBC-TV18, "Sun Pharmaceutical Industries has given a good strong breakout in today's trading session. One should buy Sun Pharma with a stoploss of Rs 579 for a target of Rs 620 on the upside over the next couple of trading days. For tomorrow the target can be expected to go to around Rs 602-603."
"NTPC has been hammered out of shape, but it has formed a bullish hammer pattern and from a BTST trader's perspective one can look at this particular counter. Buy the stock with Rs 130 as the stoploss for a target of Rs 136 on the upside," he said.
"Bharat Forge has been moving in a very strong higher top, higher bottom cycle and today the stock has given a fresh impulse on the upside. Buy the stock with Rs 320 as stoploss and Rs 345-350 as target price over the next one or two trading sessions."
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
