Buy Chambal Fertiliser, Ramco System, Mahindra & Mahindra: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Fertiliser stocks are doing very well. They are restarting a fresh move. GSFC, Chambal Fertiliser, etc. are moving up. So, Chambal Fertiliser is a buy with a stop of Rs 126 and target of Rs 138. Ramco Systems is a buy with a stop of Rs 390 and target of Rs 410. Mahindra and Mahindra (M&M) is a buy with a stop of Rs 1,380 and target of Rs 1,440."
"In a bull market you buy a stock at any price, and you should have a higher price. Coal India, here you buy at any price and within a month or two, you have a lower price. You don’t need an expert to tell you that the market is telling you this is not working, move on."
"We know what happened with Inox Wind. This was a stock which was soaring in the last bull market and finally crashed. These are story type of stocks and you have to be a good trader in order to make money. Suzlon Energy in the long-term who knows what will happen, but if one wants to make money, which is a different story from long term, try to accumulate near Rs 17-18 type of zones. Maybe in the next rally you could get Rs 27-28. This is as far as I think, not a long term story. In the long term, one should go for structural plays like PVR, housing finance, or Bajaj Finance, these kind of plays which are going to move on wherever the market may go. These over-leveraged Jaiprakash Associates, Suzlon, etc. are not long term stories," he added.