Buy DHFL, M&M Fin, Reliance Infra, SPARC: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "The non-banking space is kind of revving up. So, that is a place where people should look at. So, for the moment, DHFL is a buy with a stop loss of Rs 216, target of Rs 232. Mahindra and Mahindra Financial Services seems to have completed the correction, that is a buy with a stop loss of Rs 324, target of Rs 336. Reliance Infrastructure is starting a fresh rally, that is a buy with a stop loss of Rs 560, target of Rs 585.""Last month, many stocks have moved up 25-30 percent. So, Prime Focus is that kind of stock which tends to do well in a good market. But overall, if you see the history, I do not think Prime Focus has really done too much. Next target here could be Rs 78-80. It is a trading stock and for the moment, looks like it is in an uptrend," he said."Sun Pharmaceutical Industries and Sun Pharma Advanced Research Company went through deep corrections and now they are kind of coming back. So, even SPARC seems to be showing some sort of upside. This is a fresh breakout on both these stocks. So, this is a good time to get into Sun Pharma Advanced Research, probably look at targets of Rs 425-430 in the days to come.""There are many companies in the market which trade without a business, so, be safe. I would much rather get into a Mahindra and Mahindra Financial Services rather than Unitech. Get with companies where the debt is low and which do not have other problems because these are not wealth creating stocks. Again the futures' lot is so huge, it does not help anybody. So, there are better stocks right now in the market than to mess with Unitech."