Buy Bajaj Finserv, Tata Steel, Sun Pharma, Jaiprakash Associates: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "There is a mild bullish bias and in a bull market buying generally tends to work. There are several stocks which are almost at new highs, the Bajaj twins are doing extremely well. I think Bajaj Finserv is ready to have a fresh breakout which could take it to probably even Rs 6,000. So that is a buy with a stop loss of Rs 5,450 and target of Rs 5,700."

"Heritage Foods again is almost at fresh highs. This is a buy with a stop loss of Rs 1,360 and target of Rs 1,420. Metals has done well. Tata Steel is a buy with a stop loss of Rs 634 and target of Rs 660. Jaiprakash Associates post a large correction is a buy with a stop loss of Rs 22 and target of Rs 27."

"Last week I had mentioned pharmaceutical is ready for a decent pullback rally. So, Sun Pharmaceutical Industries is a buy with a stop loss of Rs 478 and target of Rs 500," he added.