Buy Ajanta Pharma, ITC, Power Grid; sell Marico: Prakash Gaba

Prakash Gaba of prakashgaba.com told CNBC-TV18, "Ajanta Pharma is looking good to me. I have given a stop loss at Rs 1,207. I would even buy on dips until Rs 1,200 zone, looks like the target is Rs 1,250 on the upside.""ITC is an aggressive buy. In an anticipation, structurally the internals suggestives that there could be an upmove today if the market is up. ITC can climb to levels closer to Rs 309.50. That is a small target but I wouldn’t be surprised if it goes to even levels closer to Rs 318 or so, stop loss below Rs 306 should be fine on it," he said."Grasim has been a weak structure and it looks weak to me, so we might get some kind of volatility here. Looks like Grasim is sliding to levels closer to around Rs 3,410, I would have a stop loss above Rs 3,470 and trade short. If I want to have a tighter stop loss then it would be above Rs 3,460 because we could see volatility sometimes here.""As far as Marico is concerned, structurally it is weak, looks like it is falling apart. The way it is trading, looks like it can slide down to levels closer to around Rs 210, stop loss is above Rs 217, it is a clear sell out here.""Bharti Infratel looks good, looks like it is holding out. We could see an upmove in Bharti for a level closer to around Rs 382, could have a stop loss below Rs 366 and trade long.""Looks like Power Grid has seen a good breakout. I would have a stop loss below Rs 135-134 and trade long. Target could be in the vicinity of Rs 138 to Rs 140 zones.