Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Chambal Fertilisers is a buy with a stop loss of Rs 79 for target of Rs 90. Tata Coffee is also a buy with a stop loss of Rs 117 for target of Rs 130. Aurobindo Pharma is a buy with a stop loss of Rs 700 for target of Rs 735."
"IT stocks had large declines and possibly they will sulk a bit more before, they find buying, so I don’t think immediately there is a trade on them. However, it is clear that there isn't great amount of selling pressure. It is not like they are down 7-8 percent. This 2-2.5 percent declines and probably it has got something to do with Natarajan Chandrasekaran leaving, etc. So chances are that post today’s decline even they should come back as the market moves higher," he said.