Buy Indusind Bank, Nalco, Kolte-Patil Developers: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Indusind Bank is doing particularly well, so that is a buy with a stop loss of Rs 1,635 for target of Rs 1,685. Nalco is a buy with a stop loss of Rs 92 and target of Rs 104. Kolte-Patil Developers is a buy with a stop loss of Rs 260 and target of Rs 274."

"United Spirits (USL) and United Breweries are expanding from fairly strong monthly patterns. So, this is something which will continue for the next few weeks and months."

"You can’t be so sure about Arvind because it is still doing a bit of a range between Rs 360 to about Rs 425-413. You need this stock to get past Rs 425-430 for more momentum," he added