Buy Indiabulls Real Estate, Adani Ports, Century Plyboards; banks to take market higher: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "The banks are strong, they are at new highs. For the moment the market believes that an NPA resolution is on the way. So, on declines, it remains a buy and because we are at new highs, any decline towards 21,300-21,350 should be bought. Chances are that there are probably short positions still left and as the market moves on, you will have them also getting cleared out, the strategic shorts. So, banks is likely to take the market higher." 

"Indiabulls Real Estate is a buy with a stop loss of Rs 82 and target of Rs 96. Adani Ports is a buy with a stop loss of Rs 328 and target of Rs 350. Century Plyboards is a buy with a stop loss of Rs 254 and target of Rs 272," he said.