Buy Motherson Sumi, HDFC; sell Reliance Power: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "I think Jubilant Food will get derated like Sun Pharma or Tech Mahindra. Motherson Sumi is a buy with a stop loss of Rs 443, target of Rs 465. HDFC remains strong, that is a buy with a stop loss of Rs 1,580, target of Rs 1,640."

"All the ADAG stocks should be weak today, so Reliance Power is a sell with a stop loss of Rs 42, target of Rs 36. Reliance Infra is also a sell with a stop loss of Rs 460, target of Rs 425 and Reliance Capital is a sell with a stop loss of Rs 550, target of Rs 525," he said.

"Aurobindo Pharma is a buy with a stop loss of Rs 530, target of Rs 565. The pharma index seems to be having a good day, that could continue further. ICICI Bank is a buy with a stop loss of Rs 318, target of Rs 335 and State Bank of India is also a buy with a stop loss of Rs 280, target of Rs 295."