Buy HUL, Maruti, Chambal Fertiliser, PTC India; sell GMDC: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "I have one sell but mostly buys, but you could have more sells also but that won’t define my market view. It is just that I found more buy trades."

"As far as buy calls are concerned, Hindustan Unilever (HUL) made a fairly strong 3.5 percent move. So, that should have follow through. This is a buy with a stop loss of Rs 1,100 and target of Rs 1,165. Even if it dips in the morning, it should be bought."

"Maruti Suzuki has started a fresh move. That is a buy with a stop loss of Rs 7,200 and target of Rs 7,450. Fertiliser stocks started moving higher. So, Chambal Fertiliser is a buy with a stop loss of Rs 118 and target of Rs 130."

"PTC India is a buy with a stop loss of Rs 94 and target of Rs 106. GMDC is a sell with a stop loss of Rs 150 and target of Rs 138," he added.

"VST Tillers looks a bit better, fresh breakout yesterday, so, possibly Rs 2,600-2,700 is likely."

"For logistic stocks, I keep on hearing that these are great companies and goods and services tax (GST) will do wonders, but if you see the stock price, they have not really lit the screen on fire. So, I am not impressed with the logistic stocks. So possibly I would not want to go long on them."

"There are stocks which are doing well and coming out of correction. Yesterday’s call was Maruti Suzuki, today Eicher Motors is also coming out of a correction. So, those are two stocks you can look at on the upside."

"HDFC is a buy with a stop loss of Rs 1,630 and target of Rs 1,680. Tata Elxsi is a buy with a stop loss of Rs 1,630 and target of Rs 1,685. Century Textiles is a buy with a stop loss of Rs 1,120 and target of Rs 1,175."