Buy TV18, Jain Irrigation, BoB; short CESC: Manoj Murlidharan

Manoj Murlidharan of Religare Securities told CNBC-TV18, "I would like to give a call on TV18 Broadcast because we work on the concept of volume-weighted average price (VWAP) on this day of expiry, so look into the cash delivery to the remaining open interest. I guess TV18 is an excellent buy. It can possibly give 5-6 percent move in today's trade but still we insist to buy April Futures at Rs 40.30 with a stop loss of Rs 38.7. We are expecting a target of Rs 44.3."Disclosure: Reliance Industries has acquired management control of Network18, which owns TV18 Broadcast and moneycontrol.com"Jain Irrigation Systems is a buy. Huge build-up has happened and we are seeing good cash recognition, so that is a buy at Rs 58.7, stop loss should be Rs 57.2 and we are expecting close to Rs 63-64 on the stock," he said."Among the banking pack, Bank of Baroda is a buy and there is huge momentum with positive rollover as well. The level of Rs 147 is where we recommend buying that, Rs 143 as a stop loss and we are expecting target of Rs 156.""CESC is a sell. It would come under VWAP sell in today's trade and we are expecting the stock to tumble in the second half of the trade. So at Rs 472, try to short the stock and one can do that even with current month's Futures, stop loss should be Rs 478 and I am expecting a target close to Rs 460 to Rs 462 on that."