Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Idea Cellular is a buy with a stop loss of Rs 106 and look for target of Rs 118. Axis Bank is a buy with a stop loss of Rs 480, target of Rs 510.""Bharat Electronics is a buy with a stop loss of Rs 1,540, target of Rs 1,610."In Raymond, there seems to be some sort of action which is extraordinary. It has been in a narrow range. Either it remains in a narrow range or moves very sharply. Possibly, it is likely to retest levels of Rs 650 on the upside. So, this is still a fairly decent buy because it is coming out of a very tight range made over 3-4 months."
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