Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Metals have come out of their correction and now several of these stocks are looking good including Vedanta. In Tata Steel, I had said Rs 550 is quite likely. Hindalco Industries was in this Rs 180-205 type of range and that is now breaking out. So, maybe this time around, we will get to Rs 225-230."
"There are some sectors which are playing out and one of them is cement. That is coming back strongly, so India Cements is a buy with a stop loss of Rs 195, target of Rs 210," he said.
"NTPC is moving 3.5-4 percent, very strongly from its 200-day moving average. So this is a buy with a stop loss of Rs 158, target of Rs 170."
"Havells India is trying to recover from its correction. That is a buy with a stop loss of Rs 470, target of Rs 500," he added.
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