Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "A lot of these sell calls have turned from the 20-day moving average (DMA), the way Nifty has. So that is pretty much the trade on the index as well as the market. So, Reliance Communications (RComm) is a sell with a stop loss of Rs 38, target of Rs 30."
"DLF is also a sell with a stop loss of Rs 116, target of Rs 104. Century Textiles is at a large rally. That is now a sell with a stop loss of Rs 792, target of Rs 760," he said.
"Couple of stocks are still looking strong, Engineers India is a buy with a stop loss of Rs 294, target of Rs 310. Infosys is a buy with a stop loss of Rs 965, target of Rs 1,000."