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In an interview to CNBC-TV18, Nooresh Merani of Analyse India shared his readings and outlook on specific stocks and sector & Gajendra Kothari of Etica Wealth Management answered few personal finance queries.Below is the verbatim transcript of Nooresh Merani's interview with CNBC-TV18:

ICICI Bank  If we look at ICICI Bank, over the last one year or a little more Rs 240-260 has been a good support zone. At the same time Rs 300-340 has been tough to cross on a sustaining basis but on the near-term charts as well as on long-term charts, ICICI Bank is looking good for the medium-term. The investors can hold on with a view of one-two years and stick on to the stock at current levels. I can not make point on fundamentals but technically we are looking at a normalised scenario, nothing bad with ICICI Bank.HCC On longer term chart Hindustan Construction Company (HCC) has been in a terrible downtrend but as we look in the near term charts, the stock has made a good move from Rs 18 to Rs 23 with decent volumes. This gives an indication that the stock must have bottomed out closer to Rs 18-19 levels. So, one can continue to hold on keeping a stoploss at Rs 18-19. However, on the upper side we are looking at closer to Rs 35-40 is where major resistance is on a longer term chart. The biggest problem with averaging is most of the investors tend to average on the way down. The better part as we look on technical is to buy on higher tops, so when we keep on making higher tops, it's the best way to average. So a lot of stocks which have been in the uptrend over the last couple of years, for example a pharmaceutical company have continued. So the best case is to average on the upside rather than on the downside.L&T If you look at Larsen and Toubro (L&T) over the last one year, it has been in the range of Rs 1,400 on the downside and Rs 1,800 odd on the upside. This has been the range and we expect the stock to continue in this range also for the next few months. However, the investors can hold on and look to reduce whenever it goes to Rs 1,800 or higher levels and look back to re-enter on dips. So, it's a good stock for the long-term but I would not average at current levels but any dips closer to Rs 1,400-1,450 would be an averaging point.Jaiprakash Associates If we look at the longer-term charts of Jaiprakash Associates, it has been in a downtrend but in the extreme short-term charts, we have seen a small breakout above Rs 12-12.50 levels, which gives us a target price of Rs 16-18 in the short-term. As well as the stock has moved today, what the investors or the traders can do is take a trailing stoploss closer to Rs 12.50 and ride on to the position with a target price of Rs 16-18 where one can book out of the position.