Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "We have both buys and sells. Since I have five, obviously one side will have more candidates. Rashtriya Chemicals & Fertilizers (RCF) is a buy with a stop of Rs 75 and target of Rs 83. Escorts is a sell with a stop of Rs 665 and target of Rs 640."
"IRB Infrastructure is a sell with a stop of Rs 219 and target of Rs 204. VIP Industries is a sell with a stop of Rs 182 and target of Rs 170. Sintex Industries is a buy with a stop of Rs 32 and target of Rs 37," he said.
"Looking at the way Aurobindo Pharma is opening, I think we can change because yesterday’s high on Aurobindo Pharma was Rs 750. Now, it is going to take out yesterday’s high and yesterday was a down day. So, a lot of short will probably get trapped in the stock. So, even if it comes off after this 5 percent gap up, you must just low down to Aurobindo Pharma. Chances are it will do 8-10 percent possibly."
"For Ashok Leyland, now good news is beginning to come in. So, maybe we will still see Rs 125-130. So continue to hold on."
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!