Positive on Aurobindo Pharma; sell BOI on bounce: Taparia

Chandan Taparia of Anand Rathi Securities told CNBC-TV18, "We have positive view on Aurobindo Pharma. The stock has taken strong support near to Rs 576-580 zone and this support is working well. I am expecting the stock to start the upmove. Keep the trade with a stop loss of Rs 675 and expect an upside move to Rs 735 levels.""Pidilite Industries has been holding gains above 50-day moving average. Overall trend of the counter is positive even after the volatile swing in the market. We are expecting it to head towards Rs 635. So, suggesting to buy with a stop loss near to Rs 590," he said."Selective banking counters now witnessing some selling pressure or pose in the buying interest and for Bank of India (BOI) the major trend is negative. We have seen a strong rally in selective private bank but BOI again might come into the radar if market takes some pose on the consolidation phase. So, recommending to sell on bounce back move with a strict stop loss of Rs 96 for the downside target towards Rs 88 to 87.50 levels."