Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "ICICI Bank is a slow mover. While it is just about started moving, I think there is further room to go, Rs 350-360."
"United Spirits inspite of all sorts of bad news has not broken previous lows of about Rs 1,800-1,850. I think it will head back towards Rs 2,500-2,600 because the bad news about highway, etc. is not really taking the stock down," he said.
"So, on both counts, both these stocks are buys."
"Asian Paints is a sell with a stop loss of Rs 1,150 and target of Rs 1,100. Vedanta is also a sell with a stop loss of Rs 241 and target of Rs 228."
"Aurobindo Pharma is a buy with a stop loss of Rs 585 and target of Rs 610."
"The problem was that the other day, that bar is so huge that even if REC does sell-off 2 percent a day for two or three days, I don’t think it will be taking out that bar. My stop loss on REC would remain at Rs 180 and often when you have those large bars, sometimes there are odds of a retest. So, keep your stop loss intact."
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