Sell Steel Authority of India, DCB Bank; buy Zensar Technologies: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Steel Authority of India (SAIL) is a sell with a stop loss of Rs 96, and target of Rs 88. DCB Bank is a sell with a stop loss of Rs 192, and target of Rs 176. Zensar Technologies is a buy with a stop loss of Rs 920 and target of Rs 945."

"ITC is a buy with a stop loss of Rs 270 and target of Rs 295. HDFC is a buy with a stop loss of Rs 1,880 and target of Rs 1,940. HDFC Bank is a buy with a stop loss of Rs 1,920 and target of Rs 1,975."

"Basically metals has some sort of news about anti-dumping etc. but I would think this is a correction because anti-dumping generally does not impact stocks longer term. So, I think Tata Steel can get as lows as Rs 730-740 and that is where you should try to buy it. So, this correction should be used by people to buy into metal stocks."