Go long on Biocon, says SP Tulsian

SP Tulsian of sptulsian.com told CNBC-TV18, "Go long on Aurobindo Pharma with a target of Rs 399 and stop loss of Rs 392 because the kind of run up which we have seen in the stock any kind of correction should be used as a buying opportunity and that is what we have been seeing because yesterday we have seen some of the profit booking liquidation but that should not be extrapolated or one should not really extend that."

He further added, "Go long on Biocon with a target of Rs 480 and stop loss of Rs 471 and on Ranbaxy with a target of Rs 478 stop loss of Rs 469."

"One may prefer to go long on Tata Communications with a target of Rs 309 stop loss of Rs 302."