Buy Aurobindo Pharma, BOI, Idea Cellular, Voltas: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Aurobindo Pharma had a sharp fall an on Friday, it reversed probably about 8-10 percent from the lows. So, it is a buy with a stop loss of Rs 645 and a target of Rs 700. The smaller pharmaceutical stocks relatively tend to do well whenever the market is in some of a short covering mood.""I would expect all kinds of PSU banks to go up just by virtue of the fact that they are so beaten up and they are so overstretched on the downside that mild 10-15 percent rallies is always round the corner. Since this is the biggest underperformer at least for the day, they should outperform. So, Bank of India is a buy with a stop loss of Rs 80 and a target of Rs 92," he said."Idea Cellular had a massive move after a big bear market and possibly telecom is doing much better than a lot of other stocks, so in a pull-back again, very overstretched, this could get up to Rs 118 and possibly you should look to buy with a stop loss at about Rs 106.""Voltas is very sharply oversold and this is one of those momentum type stocks where short covering can take it much higher. Voltas is a buy with a stop loss of Rs 224 for target of Rs 238. All these calls are for the day. So, nobody should think they have bottomed out, they could still have downsides over a period of time. But, for the day these should work.""LIC Housing Finance is a buy with a stop loss of Rs 400 for target of Rs 424. Maybe it is a better PSU financial. DHFL is a buy with a stop loss of Rs 147, target of Rs 162. This entire housing finance space was in a bull market, chances are that bull market could continue once the market stabilises."