Sell L&T Finance Holdings, Can Fin Homes; buy VIP Industries: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "It is clear that NBFCs are taking a big knock. So both the Bajaj boys can come off quite a bit. So these are shorts that people should look at."

"L&T Finance Holdings which I have been asking people to go long on, is a short term sell which means it is going in for a deep correction. So this is a sell with a stop loss of Rs 201 and target of Rs 190."

"Can Fin Homes has broken its 200-day moving average; that is a sell with a stop loss of Rs 511 and target of Rs 495.  VIP Industries is a buy with a stop loss of Rs 278 and target of Rs 292," he added.

"Bajaj Finserv is a sell with a stop loss of Rs 5,000 and target of Rs 4,750. Bajaj Finance is a sell with a stop loss of Rs 1,740 and target of Rs 1,690. Yes Bank is a sell with a stop of loss Rs 335 and target of Rs 320."