Buy Reliance Industries, Adani Transmission, Simplex Infra: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Adani Transmission is a buy with a stop loss of Rs 184 and target of Rs 196. Reliance Industries is a buy with a stop loss of Rs 905 and target of Rs 930. Simplex Infra is a buy with a stop loss of Rs 560 and target of Rs 595."

"Given that they have had many days of falls and the Bank Nifty is at its 50-day moving average right now it appears that a market should have some sort of a pullback. So, Yes Bank can get back towards Rs 320. Federal Bank can probably may be get towards Rs 112-114. That way the short trade in the immediate term may not have too much on the downside," he said.

"Britannia Industries is a buy with a stop loss of Rs 4,750 and target of Rs 4,950. Tata Steel is a sell with a stop loss of Rs 680 and target of Rs 655. HDFC Bank is a sell with a stop loss of Rs 1,820 and target of Rs 1,785."

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