Gaurav Bissa of LKP Securities told CNBC-TV18, "One can buy Voltas for target of Rs 365 with the stop loss of Rs 342. The stock has been finding some amount of resistance at Rs 345-348 zone, we have been holding our calls from much lower levels but now that it has crossed Rs 348 with significant volumes and the kind of momentum it has been picking up, it can test levels of Rs 375 also but a short-term target of Rs 365 is what one can play for-play with the trading stop losses and play for higher targets also."
"One can also buy Century Textiles and Industries. It had seen a V-shaped recovery, with incremental volumes and was followed by small phase of consolidation of one or two days- it has come out of its consolidation, a break out was seen above Rs 675-678, this is also the level where 50 DMA which is also placed so again a positive sign. It can test levels of Rs 715-720 by end of this expiry but in a day or two it can even test levels of Rs 705. One can play for short-term targets of Rs 705 keeping the stop loss at Rs 668," he said.
"My final recommendation is sell on Asian Paints," he added.
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