Stock Picks: Cipla, Allahabad bank, Coromandel fert

Daljeet Kohli, Head - Research, IndiaNivesh Securities is bearish on Nifty in the near term, and says that a rebound in possible up to 5000-5200 points while Hemen Kapadia, CEO, chartpundit.com expects Nifty to bounce back by 125 points in next 2-3 trading sessions. Daljeet Kohli's stock picks are Cipla with a target price of Rs 360, Allahabad Bank with a target price of Rs 190, and Coromandel fertilizers with a target price of Rs 380.

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