Buy TVS Motor, Century Textiles; sell Torrent Pharma: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "TVS Motor is a buy with a stop loss of Rs 590 and target of Rs 620. Century Textiles is a buy with a stop loss of Rs 1,180 and target of Rs 1,240. Torrent Pharma is a sell with a stop loss of Rs 1,240 and target of Rs 1,200."
"Jindal Steel and Power (JSPL) generally tends to collapse in this sort of manner, something like Adani Enterprises. However, if somebody wants to buy, possibly Rs 128-130 is the 50-day moving average, plus it has lots of price cluster around those levels. So maybe out there you would try to see if it kind of reverses and gives you an indication of moving back. However, it remains in a fundamental up trend. This is not new, everybody knows there are controversies etc. around it. So, maybe I would like to look at it around Rs 128-130," he added.