Buy Apollo Hospitals Enterprises, Jindal Steel & Power, Zee Entertainment: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Apollo Hospitals Enterprises is a buy with a stop loss of Rs 1,100 and target of Rs 1,175. Jindal Steel & Power is a buy with a stop loss of Rs 173 and target of Rs 186. Zee Entertainment is a buy with a stop loss of Rs 570 and target of Rs 595."

"If you have to buy tea and coffee this is the time because once the cycle kind of peaks out and they sometimes have six months and one year type cycles next year crop is good, prices will collapse. So I think the rally has just started and you could make 20-25 percent fairly quickly on these tea and coffee stocks."

"I think United Spirits etc. is more a structural story. So, that should continue to move up regardless of whatever cycle you ride."

"It is clear that all of these stocks which are quick service are moving up although from lows, so the pick will remain Jubilant Foodworks in this category but overall I think even the others should play catch up. I think they have lot of trouble because of GST that is getting out of the way. But given a comparison, I would still think the beverage stocks are doing much better, so that is a place to look at," he added.