Stock picks by Osho Krishan of Anand Rathi: Buy Lupin, Gujarat Gas

LUPIN has corrected over 25 per cent from its 52 weeks high and is currently placed near its historical demand zone of 900 odd levels

BUY GUJARAT GAS LTD | TARGET: Rs 675 | STOP LOSS: Rs 606

GUJGASLTD has retraced nearly 61.80 per cent from its lifetime high zone and has seen firm consolidation near the same from the past couple of trading sessions, suggesting the formation of a strong base. On the daily timeframe, the stock is hovering near to its 100 DEMA that historically has proved to provide strong support to the counter. On technical parameters, 14 period RSI has witnessed a positive crossover near the oversold region indicating a strong reversal signal in the counter. From risk-reward perspective, the stock looks lucrative