Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Reliance Industries is a buy with a stop loss of Rs 1,340, target of Rs 1,385. HDFC Bank is a buy with a stop loss of Rs 1,600, target of Rs 1,675 and Dewan Housing is a buy with a stop loss of Rs 410, target of Rs 436."
"Reliance Infra and Reliance Capital have restarted their down moves. So both these stocks could be in trouble for the day. Also other leverage stocks, it is the same story that was happening the other day, DLF and all kinds of stocks which have bad balance sheets could get into trouble today," he added.
Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd
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