Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "You can still buy Reliance Industries with a stop loss around Rs 940 and look at target of Rs 975. It has been in a sideways range for a long time and today post the news starting to expand."
"ICICI Prudential is a buy with a stop loss of Rs 440 and target of Rs 465. Again similar story, trying to expand. Godrej Properties is a buy with a stop loss of Rs 840 and target of Rs 875."
"Tata Elxsi is a buy with a stop loss of Rs 1,055 and target of Rs 1,100. Zensar Technologies is a buy with a stop loss of Rs 935 and target of Rs 970. NIIT Technologies is a buy with a stop loss of Rs 755 and target of Rs 780."
"Indiabulls Housing is buzzing for last couple of days now all NBFCs which have corrected to their 200-day moving averages -L&T Finance Holdings and Can Fin Homes, everything tends to move higher but the best housing finance is probably still Indiabulls Housing Finance."
Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd
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