Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "JM Financial has broken out again yesterday, so this is now the outperforming broker dealer. This is a buy with a stop loss of Rs 180, target of Rs 208. Bharti Airtel has come out of a multi-year highs. So this is a buy with a stop loss of Rs 448, target of Rs 470."
"Jubilant Foodworks is looking like it is resuming its uptrend. That is a buy with a stop loss of Rs 1,535, target of Rs 1,580. Century Plyboards again corrected to Rs 200 and now moving higher. This is a buy with a stop loss of Rs 270, target of Rs 285."
"Yesterday the best performing gas stock was Gujarat Gas. That is a buy with a stop loss of Rs 926, target of Rs 960. Federal Bank is the easier chart. I think it should head now towards Rs 135-140."
"Colgate Palmolive is not the best performing FMCG. Hindustan Unilever, etc. are much better stocks on the FMCG list. But I will not buy bad results on Colgate, I will probably go with good results on Federal Bank," he said.
"I was looking at this Aries Agro. That is getting out of a multi-year high, so that is something people should look at. It should have another good day today. It was up 20 percent yesterday."
"The 50-day moving average on Bajaj Finance is about Rs 1,820-1,830. So if you get those levels, I think it would be a good idea to start buying. Federal Bank, basically went down as low as Rs 100 in the previous consolidation. So just a simple math leads you to about Rs 140-145," he added.
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!
