Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Aurobindo Pharma is a buy with a stop loss of Rs 770, target of Rs 810. State Bank of India is a buy with a stop loss of Rs 225, target of Rs 242. Himatsingka Seide is a buy with a stop loss of Rs 278, target of Rs 292.""You need to go long on Bharat Financial Inclusion or private banks, stocks that does not have extra problems to deal with. So, I do not think that these rallies which are coming in really need to be bought, possibly short covering. You want as a trader, an all-clear kind of feel before you get long," he said."Shriram Transport had a fairly large run, so it is consolidating and getting close to its 50-day moving average at about Rs 1,170. So, anytime we start trading above previous day’s high, which means it shows strength, you need to get into this stock. It has been in a strong uptrend. So, these are the kind of stocks where in this consolidation, range bound movement of the Nifty, you will get opportunities that you will need to take," he added.
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