Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Bhushan Steel can be bought with a stop loss of about Rs 64 and target of Rs 72. Now you have to play things which have a bit of tailwind, macro news backing them. This one corrected to its 200-day moving average and hence it is worthwhile getting into this."
"Balkrishna Industries started moving from yesterday. That is a buy with a stop loss of Rs 1,660 and target of Rs 1,710."
"PC Jeweller and Titan Company are doing well, so, PC Jeweller was a recommendation early morning. Titan continues from yesterday. That is a buy with a stop loss of Rs 520 and target of Rs 545," he said.
"There are very few shorts because the down swing probably is done. Now, you need to position for the upswing," he added.
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