Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "IRB Infra is trading below its 200-day moving average. It is a sell with a stop loss of Rs 220 and target of Rs 205."
"UltraTech Cement is a sell with a stop loss of Rs 4,180 and target of Rs 4,050."
"Sun Pharma Advanced Research Company (SPARC) is buy with a stop loss of Rs 450 for target of Rs 475," he added.
"In Eicher Motors, keep Rs 28,500 type of stop loss and hold for Rs 34,000 but that is not happening in 15 days."
"Similarly, in HPCL keep Rs 390 as a stop loss and target of Rs 475. Nothing is short-term when the market bottoms out and chances are both these stocks will go up. So best you can do is hold on."
"For Arvind, the 200 day moving average is Rs 390-400. So, buy on declines. Once you can do that maybe in the long-term you will get Rs 550, again this is also not short-term."
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