Buy Hindalco, JSW Energy, BEML; hold JP Associates: Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "PSU banks are showing some upside otherwise it is the cement space where the deal is there, out there I had indicated Prism Cement. So, I think the market is fairly narrow and you still need to wait till more ideas come out.""By chance you have bought Jaiprakash Associates in the morning, maybe hold on but I don’t think getting in at 30 percent higher is safe because it if moves down 50 paise, that is a lot of money for Rs 10 stock. So I think that is avoidable but what it is doing is that it is kind of firing up other stocks in the similar kind of category," he said."JSW Energy is moving higher; Hindalco Industries, Tata Steel, JSW Steel and a lot of PSU stocks are moving higher. So, it is much better to look at that space because if you had to enter, you had to enter at the first bell, you cannot enter after something has moved 30 percent.""Hindalco is a buy with stop loss of Rs 122, target of Rs 134. JSW Energy is a buy with a stop loss of Rs 82, target of Rs 90. BEML is a buy with a stop loss of Rs 910, target of Rs 940."