Two stock recommendations from Osho Krishan of Anand Rathi

Aurobindo Pharma has corrected over 35 per cent from its lifetime high and has plunged below all its major exponential moving averages

BUY LIC HOUSING FINANCE | TARGET: Rs 410 | STOP LOSS: Rs 360

LIC Housing Finance saw a huge correction in the recent period and is currently hovering near the 50 per cent Fibonacci retracement of the rally on the monthly chart. The stock has seen some resurgence in the last couple of trading sessions from the lower band of the Bollinger band (20, 2), suggesting an early sign of reversal. Even from a risk-reward perspective, the stock is placed at a lucrative zone and could be accumulated from a short to medium-term time frame.

BUY AUROBINDO PHARMA | TARGET: Rs 780