Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Vedanta is a buy with a stop loss of Rs 304 and target of Rs 321. Reliance Industries is a buy with a stop loss of Rs 910 and target of Rs 935. Bombay Burmah is a buy with a stop loss of Rs 1,500 and target of Rs 1,620."
"Idea Cellular has corrected from higher levels. Its 200-day moving average around Rs 90 has provided support. I think we should get back towards Rs 110 and maybe at some point move even beyond."
"Both Bharti Airtel and Idea have corrected in the previous rally and both look like good candidates to buy," he said.
Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
