Karnataka Bk may test Rs 135, Apollo Hospitals Rs 1375: Thukral

Hemant Thukral of Aditya Birla Money told CNBC-TV18, "Karnataka Bank has seen above average rollovers to the tune of 77 percent. The stock technically, is also looking very strong now and is able to cross that Rs 125 zone. So we will keep a stop loss of Rs 124 and expecting a target of Rs 135." "The second stock is also a midcap stock - Apollo Hospitals where 59 percent positions are already rolled with a very healthy cost moving forward. Technically, the stock has given a good break out. We expect a stop loss of Rs 1,308 to hold and a target of Rs 1,375 to be achieved. We advise both these calls to be taken in March series with a time line of two to three trading sessions,"he said.