Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "India Cements is a sell with a stop loss of Rs 134 for target of Rs 122. State Bank of India (SBI) is also a sell with a stop loss of Rs 255 for target of Rs 240."
"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.