Buy VIP, Divis Labs, L&T likely to test Rs 1400 in 6 months; sell Arvind: Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "VIP Industries had a down day yesterday. It is recovering a little bit. This is a buy with a stop loss of Rs 253 and target of Rs 267. Divis Laboratories is a buy with a stop loss of Rs 885 and target of Rs 940. Arvind is a sell with a stop loss of Rs 410 and target of Rs 385."

"Dewan Housing Finance (DHFL) had a vertical rally. Now everything that goes up vertically does tend to correct. May be closer to Rs 550-570 is again a fairly decent buy. Similarly, L&T Finance Holdings is kind of consolidating and coming off a little bit, but as soon as the market gives you a fresh breakout again, chances are all of these stocks will get to new highs again."

"Capital First is consolidating above the high of that range which is Rs 800. So, my sense is this NBFC has just started, these stocks will get us over-leveraged right up to our necks before they are done. So, easily Rs 1,000-1,050 can be expected on Capital First."

"Larsen & Toubro (L&T) has just about broken out. Now definitely this breakout has happened on fairly strong volume. So, possibly somebody is planning or rather hoping for some sort of capex, etc. to pick up. I think easily one should get Rs 1,350-1,400 in the next six months," he added.