Buy Union Bank, BoI, Motilal Oswal, Coromandel, Century Textiles: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "These are not half an hour calls. I believe that the kind of patterns that are being made, some large money is moving into PSU banks. Otherwise every other day they would not start rallying 4-5 percent. At some point some big announcement will come otherwise this economy is not going anywhere. So, people are positioning for that and the day it is announced, the day all their problems are probably addressed, you will have a 30-40 percent type of rally on all PSU banks. So, this is the right time to enter them."

"There has been an accumulation that has been happening for last many months and now that accumulation is breaking out. So, we have also given long-term buys on these stocks. So, Union Bank is a buy with a stop loss of Rs 174 and target of Rs 186. Bank of India (BoI) is also a buy with a stop loss of Rs 180 and target of Rs 195," he said.

"Similarly, Motilal Oswal is a buy with a stop loss of Rs 868 and target of Rs 895."

"Coromandel International is also a buy with a stop loss of Rs 365 and target of Rs 390. Century Textiles is a buy with a stop loss of Rs 1,150 and target of Rs 1,200."