Pick Eicher Motors, Karnataka Bank: Kunal Bothra

Kunal Bothra of LKP Securities told CNBC-TV18, "Eicher Motors is on absolute tear. It is forming bullish flag formation; the breakout was due yesterday, so looking at the momentum surge today, I expect the stock to give 8-10 percent returns from here on. It is a very short-term call, so probably timeframe of at least 8-10 days is what I would assign for Eicher Motors. Look for a target of Rs 23,000 and one can look at Rs 19,000 as stop loss but keep on trailing the stop loss as and how the stock price gradually moves upwards."

"I like Karnataka Bank. The stock is forming an ascending triangle, an extremely strong pattern; a breakout of Rs 150 could trigger a very strong momentum. I would assign a target of Rs 165 on the stock at this juncture keeping a stop loss of Rs 135. So these are the two top stocks at this point of time," he said.

Disclosure: Analyst has no personal holdings in the stocks mentioned but it is possible that he may have recommended the same to his clients at LKP.