Buy BoB, Tata Steel; sell HUL: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Pharmaceutical is going through a correction, so Torrent Pharmaceutical, Strides Shasun, etc most of these stocks are looking weak. The Nifty has a bit of a weak tone but this sector is weaker than probably the Nifty as well. So, on rallies these could be sold." "For the moment, since we are in this 7,420-7,440 zone, possibly the market could give you at least one more bounce because this is really the bottom end of the range. So, Bank of Baroda (BoB) is a buy with a stop loss of Rs 142 and target of Rs 154. Tata Steel is a buy with a stop loss of Rs 297 and target of Rs 312 and Hindustan Unilever (HUL) is a sell with a stop loss of Rs 840 and target of Rs 815," he said.