Buy Engineers India; sell Sun TV, Bharat Financial: Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Engineers India remains extremely strong. So that is a buy with a stop loss of Rs 268, target of Rs 284. Sun TV is a sell with a stop loss of Rs 470, target of Rs 425. Bharat Financial Inclusion is a sell with a stop loss of Rs 682, target of Rs 655.""Sun Pharma may have bottomed out for a bit because out there, we saw a very climatic action a few days back. That low has not been taken out. So chances are Sun Pharma could head back to Rs 780-800. These companies mostly export. So probably they are a bit safer from this demonetisation etc. So Aurobindo Pharma, a lot of these pharma stocks, could prove to be safe havens. Whether they will rally against the market, that I am not too sure of but maybe if you have to buy something, start with the pharma stocks," he said.