Buy Indraprastha Gas, MOIL, Ceat; hold Gravita India: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Gas has made a comeback, so IGL is a buy with a stop loss of Rs 304 and target of Rs 321. MOIL is a buy with a stop loss of Rs 248 and target of Rs 264. Ceat is a buy with a stop loss of Rs 1,800 and target of Rs 1,855."

"Jayant Agro has gone below its 200-day moving average and that from a long term perspective is not a good thing to happen, I would suggest that one moves on to Heritage Foods there are several food stocks are doing well."

"Heritage Foods is one of them so maybe shifting into Heritage Foods won’t be such a bad idea.

"In Gravita India, one can keep Rs 145 type of stop loss . Previous all-time high was about Rs 200. So, once we get pass Rs 200, there could be further upsides. So for the moment one can hold Gravita India," he added.