Buy Berger Paints, REC, Wockhardt: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Berger Paints is a buy with a stop loss of Rs 269 and target of Rs 283. REC is a buy with a stop loss of Rs 166 and target of Rs 178. Wockhardt is a buy with a stop loss of Rs 665 and target of Rs 680."

"It looks likely that Rs 950-1,000 can happen on Divis Laboratories provided with the caveat that there is no bad news and the good news keeps rolling in. It has made a bottom, an accumulation zone where strong hands probably have accumulated the stock. Now as the good news comes in, maybe it can get into a markup phase. However, people have been bitten so many times by these pharmaceutical stocks that you really need to put this phase behind them for any sort of sustained rally," he said.

"KEI Industries had a big move day before. Now probably it will consolidate around these Rs 300-310 zones and then maybe move forward. Definitely in a bull market it can be part of your portfolio. NCC is a very start-stop type of stock. It has had several of these large moves but nothing comes out of it. So, it often is in this Rs 80-100 sort of zone. So, if I have to choose between the two, maybe I will do KEI Industries but as a part of a portfolio."

"I think there are better cement stocks than JK Lakshmi Cement in the similar kind of range. Probably India Cements looks like it has made a bottom around Rs 180. So that could be a better stock. Even buy into ACC which has just broken out yesterday. UltraTech Cement is better than JK Lakshmi Cement and I am talking about stock price performance. So, that way I think you can easily replace this with India Cements."

"Dewan Housing Finance (DHFL) has a strong uptrend and probably add on 50 shares if you can; Rs 500 should be a decent stop loss. Easily next target is about Rs 650. Again you can see the difference between this and a lot of pharmaceutical stocks, etc. you buy at one price and then that price becomes history. So, that is the kind of stock you need to participate in," he added.