Buy Bank of Baroda, FDC, Muthoot Finance: Prakash Gaba

Prakash Gaba of prakashgaba.com told CNBC-TV18, "I would go for two stocks, Bank of Baroda (BoB) certainly is looking good to me and the way it is trading, looks like it can climb to levels closer to Rs 177-178 zones. A very tight stop loss below Rs 172 should be fine on Bank of Baroda, just as risk reward ratio is in favour." 

"Second stock is FDC, certainly it is looking good to me. Looks like a good base formation. Give some time and space and I think it is heading to levels closer to Rs 215, keep stop loss below Rs 208," he said.

"Muthoot Finance has seen a beautiful breakout from a good consolidation; move at around Rs 360 zone and then it went up and consolidated. Then it moved again from support of Rs 370. Today the way it is trading, looks like it is going to cross Rs 400 and maybe go to Rs 410-420. The ride seems to be good while it goes up fast and it could move sideways as well. If someone is holding it, have a stop loss below Rs 380 and continue the ride, maybe until Rs 425 zones. Of course you can add here and have a stop below Rs 375-380 zones and then take it up."