Buy ICICI Prudential, Reliance Capital, Mahanagar Gas: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "ICICI Prudential after many days of vertical falls, is now turning around. So this is a good day to buy into ICICI Prudential even for a longer term with a stop of Rs 436 and target of Rs 470."
"Reliance Capital is a buy with a stop of Rs 690 and target of Rs 720. Mahanagar Gas is a buy with a stop of Rs 990 and target of Rs 1,025," he said.
"Lupin and Sun Pharmaceutical Industries have had very weak rallies so maybe out there, there is shorting opportunity. However, Biocon, actually from the lows has rallied – although it is still down 3 percent. So, in my opinion, Biocon is a buy rather than a sell because even weak numbers have led to the stock moving higher. The entire market is ripe for some sort of a correction. So, chances are that all stocks should have some amount of downside,"  he added.