Buy Gujarat Fluorochemicals, IndusInd Bank, Adani Enterprises: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Gujarat Fluorochemicals is a buy with a stop loss of Rs 816, target of Rs 850. IndusInd Bank is a buy with a stop loss of Rs 1,560, target of Rs 1,620. Adani Enterprises is a buy with a stop loss of Rs 136, target of Rs 148."
"A couple of years back I called Bajaj Finance the next HDFC. I think I maintain that view and these sort of results will keep coming in Bajaj Finance. It is a long-term buy. You do not want to buy a telecom but obviously people are buying their phones, getting their finance by Bajaj Finance. So, both these stocks Bajaj Finance and Bajaj Finserv, kind of had an expansionary breakout today. They were both in a narrow range for the last few sessions. The chances are, this move which has started on the back of results is likely to continue and today, overall NBFCs have done very well."
"The low was Rs 275 for ITC. So actually the bar is that big because today it gapped up. So my sense is that there are a lots of shorts in ITC and if it keeps rising like this or does not fall, those shorts may come back to cover. So with a five point type of stock, I think there is a justification for going long. Maybe Rs 310-315 could easily happen over the next few days," he said.