Buy Bata; sell DHFL, Adani Ports: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "DHFL has turned from its 200-day moving average (DMA) and possibly it is going to go through a small downside or maybe people are selling DHFL and buying HDFC. But clearly it is under pressure for the day. The better stocks to buy are probably Bata India with a stop loss of Rs 568 for target of Rs 590. DHFL is a sell with a stop loss of Rs 195, target of Rs 180. Adani Ports continues its downside move, so that is a sell with a stop loss of Rs 204, target of Rs 185.""Hexaware Technologies keeps coming back to Rs 190 kind of zones. So your buying price should be fairly close to Rs 190-200 so that when a good quarter comes in, you can sell at Rs 275-280. But if you got it at Rs 290 then the odds are against you in terms of making money. These companies, you buy and when results are bad and whenever things turn, you can get immediate 30-40 percent bump up. So if it gets to Rs 190-200, that would be the zone to buy," he said.