Gaurav Bissa of LKP Securities told CNBC-Tv18, "I would recommend buying Kaveri Seed futures. We have seen that it is trading near the support levels. The intensity of shorts has reduced a bit. If it sustains Rs 505-510, then short covering till Rs 525-530 before expiry cannot be ruled out. One can have a stoploss of Rs 508 and upside target can be Rs 530."
"Second would be buy on CESC. Good bounce back from lower levels, and we have seen some amount of short covering in this name. A small trade of Rs 1,025-1,030 can be seen in next two days, one can have a stoploss of Rs 985 and be long."
"Final recommendation would be sell on Pidilite Industries. It has seen a small downside. Any jump towards Rs 792 can be utilised to build fresh short positions; Rs 800 was the strong support, 800 Put option commands the highest OI concentration for three to four months. So there is a strong breakout, a small target of Rs 775 can be seen with a stoploss of Rs 802."
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