Ashwani Gujral of ashwanigujral.com suggests buying Motherson Sumi Systems, Eicher Motors, Bajaj Finance, Yes Bank and Hindustan Petroleum Corporation.
"Eicher Motors is the first genuine product company and chances are once it gets out of Indian shores, it will do much better. So, even today Eicher is a buy with a stop loss of Rs 23,800 and we look for target of Rs 26,500," he said.
"Third one is Bajaj Finance. It is my favourite. We are capital starved. So anything that is lending capital to buyers who will pay back will continue to do well. Consumer goods revolution is picking up, so chances are that this is a fairly decent monopoly in its sector. So, this is a buy with a stop loss of Rs 1,000, target of Rs 1,150."
"Finally short-term, which means may be a day to a week is Yes Bank, 52-week highs getting past where there was significant bad news. So chances are nobody is losing money, anybody who bought in the last 10 years. So supply will get lower in this. So, this is a buy with a stop loss of Rs 1,420, target of Rs 1,500. Hindustan Petroleum Corporation (HPCL) while crude prices have gone up a bit, this is still trading at all-time high. That is a good sign of strength. So this is a buy with a stop loss of Rs 570, target of Rs 600."
"VIP Industries is a buy with a stop loss of Rs 137, target of Rs 150. Container Corporation is a sell with a stop loss of Rs 1,280, target of Rs 1,220 and BPCL is also a sell with a stop loss of Rs 710, target of Rs 685."