Buy Sobha, Ujjivan Financial Services; sell Coal India: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Sobha is finally doing a fresh breakout. That is a buy with a stop loss of Rs 417 and target of Rs 440. Ujjivan Financial Services is a buy with a stop loss of Rs 358 and target of Rs 384. Coal India is a sell with a stop loss of Rs 264 and target of Rs 250."

"Tata Global Beverage is looking good because it is attracting money. So at Rs 190-195 the call was, it is going towards Rs 235-240. I think some of these consumer FMCG type stocks, as we go into the festive season will continue to move up. However, the market may find it slow going because there isn't any heavyweight sector or heavyweight stock which is really pushing the market up," he added.