Buy Dish TV, Tata Sponge, Prakash Industries: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Dish TV is a buy with a stop loss of Rs 84 for target of Rs 98. From Rs 120, the stock had a massive correction, now slowly building up each negative day is bought into. That is generally a positive. Also, if we are going to do the 7,600-7,800 band, really speaking, I think two digit stocks could rule the roost.""Midcaps are picking up and now is the time to buy midcaps, not after they have gone up 50-100 percent. So, Tata Sponge Iron, used to be an erstwhile hero and now bottoming out and slowly pushing on the upside. So, this is a buy with a stop loss of Rs 484 for target of Rs 510. The way large metal stocks have moved, now it is time for these smaller metal and metal related companies to catch up," he said."Midcap pharma keeps coming back - Torrent Pharmaceuticals and Aurobindo Pharma. Apparently now, Aurobindo Pharma since it has graduated, all the other midcap stocks tend to follow it a whole lot. So, Jubilant Life Sciences is a buy with a stop loss of Rs 410 for target of Rs 440.""Prakash Industries, the smaller stock will do well. As the market becomes choppy, with a 50 percent gap down, largecaps will be all over the place, choppy and you have an event. Stocks like Prakash Industries, chances are, will not get impacted by RBI policy. So again, bullish patterns, more upside, nobody is saying it will become a largecap, but surely we can probably get to Rs 37. Buy it with a stop loss around Rs 30."