Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Raymond is a buy with a stop loss of Rs 970 and target of Rs 995. Kwality seems to be bottoming out. That is a buy with a stop loss of Rs 103 and target of Rs 115."
"United Spirits is continuing its rally. That is a buy with a stop loss of Rs 3,200 and target of Rs 3,320."
"Wockhardt is kind of all over the place. However, what has clearly bottomed out seems to be Ajanta Pharma. So, maybe within this space, Ajanta Pharma looks a bit better," he said.
"In Bank of Baroda for short term one should keep a stop loss at about Rs 180 and it seems like the PSU rally will again resume and it will probably get to Rs 196-200," he added.
"GMDC is a buy with a stop loss of Rs 160 and target of Rs 174. Bajaj Finance is a buy with a stop loss of Rs 1,780 and target of Rs 1,840. Idea Cellular is a buy with a stop loss of Rs 96 and target of Rs 108."
"One stock that has just come on the radar is Bombay Burmah. That has corrected from about Rs 1,700 to about Rs 1,450. Today is the first day it is turning around, so, a lot of people love to trade this sort of stock. Right now, keep a stop loss below Rs 1,400 and it could get back towards Rs 1,700-1,750."
"Gas stocks are kind of moving sideways. GAIL India is the only one that tries to move higher, but, overall, again coming back from a correction. So possibly we could see Rs 520-525. We can keep a stop loss at about Rs 430 out here."
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