Ashwani Gujral of ashwanigujral.com suggests selling India Cements and State Bank of India and advises buying Arvind.
"Arvind is a buy with a stop loss of Rs 363 for target of Rs 378. The sell calls are for the day, so these are not multi-day views on these stocks," he said.
"PSUs in general and gas in particular has been doing well. In GAIL India, once we start this move above Rs 450, I think Rs 500-510 is easily possible," he added.