Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "JK Tyre is a buy with a stop loss of Rs 118, target of Rs 130. Whirlpool is also a buy with a stop loss of Rs 970, target of Rs 1,015. ICICI Bank is a buy with a stop loss of Rs 256, target of Rs 272."
"The charts of Jubilant Foodworks and Jubilant Life Sciences tells you where you should go. Jubilant Life Sciences is an outperformer, almost at new highs, chances are beyond Rs 700, it should be easily getting up to Rs 850. So on all declines it is a buy. I don’t think it will drop below levels of Rs 550-560," he said.
"Hindalco Industries around Rs 175-180, Vedanta around Rs 205-210 levels - so around those levels may be a 8-10 percent correction would give you nice buying opportunities but right now they look a little toppish."