Manoj Murlidharan of Religare Securities told CNBC-TV18, "We feel HCL Technologies is one stock where there is money which is coming on in the consistent basis and it is a cumulative good fresh bank strong build up which has happened. We suggest that the stop loss should be Rs 932. Trading level of somewhere close to Rs 972 is what we can expect."
"In Engineers India (EIL) Rs 224 was the weighted average price where there was derivative buying. Yesterday if you see the cash accumulation that has happened on a very strong side and we can expect good levels possible Rs 260-263 odd where the risk might come in and then we might see some distribution. EIL is definitely a good trading bet at this point of time," he added.
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