Once considered to be safe bet in a volatile market, pharmaceutical stocks are among the top losers in the on-going market correction.

Even if there is a pullback of say 3-4 per cent, it should be seen as an opportunity to exit long positions, says Chaturmohta.

According to analysts the market has turned choppy and is awaiting a breakout in either direction. Following are top trading strategies.

Analysts said many traders have squared off their short positions ahead of results. Infosys saw a strong open interest build-up on the long...

'Jubilant FoodWorks Ltd is a 'BUY' call with a target of Rs 1340 and a stop loss of Rs 1200.'

'Tech Mahindra Ltd is a 'BUY' call with a target of Rs 2620 and a stop loss of Rs 2460.'

M&M Ltd is a 'BUY' call with a target of Rs 1020 and a stop loss of Rs 945.

Voltas Ltd is a 'BUY' call with a target of Rs 142 and a stop loss of Rs 127.

Buy HDFC Ltd with a target of Rs 880 and a stop loss of Rs 825: Ashish Chaturmohta.

Buy Century Textiles Ltd with a target of Rs 335 and a stop loss of Rs 305: Ashish Chaturmohta.

On upside, we are expecting levels around 6050 to 6100 in next couple of trading sessions.

Reliance Capital Ltd is a ‘BUY’ call with a target of Rs 370 and a stop loss of Rs 325.

LIC Housing Finance Ltd is a ‘BUY’ call with a target of Rs 195 and a stop loss of Rs 157.

Reliance Industries Ltd is a 'BUY' call with a target of Rs 880 and a stop loss of Rs 825.

Lupin Ltd is a 'BUY' call with a target of Rs 855 and a stop loss of Rs 790.

"Asian Paints Ltd is a buy call with a target of Rs 5100 and a stop loss of Rs 4800."

"Kotak Mahindra Bank Ltd is a buy call with a target of Rs 770 and a stop loss of Rs 730."