Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Bharti Airtel has resumed its rally that is a buy with a stoploss of Rs 520 target of Rs 550. ICICI Bank even after these gains it looks like it is now beginning to resume the rally that happened last week. This is a buy with a stoploss of Rs 307 target of Rs 321. Tata Steel is a buy with a stoploss of Rs 708 target of Rs 735."
He further added, "Cholamandalam Investment was range bound between Rs 1,050 to about Rs 1,200. Today it seems to be breaking out but overall I don’t think it has done too much over the last six months. Now we can stay above say Rs 1,200 then you may see another leg of the rally opening up 100-150 points."
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