Buy Tata Comm, Godrej Industries, Pidilite: Sahil Kapoor

Sahil Kapoor of Edelweiss Financial Services told CNBC-TV18, "Tata Communications has not moved a lot in the last three to four sessions. One can buy it with a stop loss below Rs 390. You can expect it to go to Rs 450.""One can also buy Godrej Industries. In the last two weeks we saw weekly hammer formations and this week we are having a follow-up buying. The stock is able to cross a declining trendline, so overall I expect it to move higher from current level. The target for Godrej Industries is about Rs 385 with a stop loss below Rs 344," he said."One can buy Pidilite Industries. The trend for the stock has been more or less sideways since March. You have seen the stock consolidating, but the outperformance on a relative strength on comparative basis is clearly indicating that Pidilite may move higher. So, from current level, you can expect it to move to a level of about Rs 700 and at this level if you buy, a stop loss below Rs 510 should suffice," he added.