Are you suggesting to buy any stocks at these levels of the Nifty and Sensex or is it best to stay out?

While the markets have touched a record high on 09 November, there are two stocks I would suggest that you add to your portfolio, more from a medium term perspective. This market could get volatile so be prepared for some waiting time on these stocks.

· Firstly, this stock has been in the news for some time. Now it is a good time to buy Prabhat Dairy at Rs.56 with target Rs.82 in 2 month time frame. The big news is that as the Securities Appellate Tribunal or SAT has quashed the order against the company by SEBI asking the company to deposit Rs.1292 crore in escrow. This should be a big relief for the company.

· The stock of Cipla has corrected from higher levels and offers a good entry point. Use dips to buy Cipla at Rs.760 for targets of Rs.840 in 2 months. You may recollect that Cipla had announced very good growth on sequential basis. The predominant India business had also done very well and could be a safe growth stock to bet on.