Buy Tata Consultancy Services; sell Just Dial, Interglobe Aviation: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Yes Bank is probably bottoming out. A lot of NBFCs came off very sharply. We should look for bottoms out there. PVR, today is down 7 percent. You don’t get these sort of opportunities to buy on such stocks. So, maybe once this GST thing is over, this could turn out to be a good buying opportunity for the long-term people."

"ITC gets impacted with taxes. So, that should continue its uptrend; maybe Rs 315-320 should be easily possible. So, on all declines, ITC remains the strongest buy."

"Tata Consultancy Services (TCS) is a buy with a stop loss of Rs 2,500 and target of Rs 2,620. Just Dial is a sell with a stop loss of Rs 492 and target of Rs 475."

"Interglobe Aviation is a sell with a stop loss of Rs 1,050 and target of Rs 1,000."

"Tata Power is a dog in best of times. So, I don’t think there are any big long or shorts which are really going to move the stock sharply on either side. It remains in that Rs 1,790 zone. I don’t think it is going to move out of that."