Buy India Cements, Escorts, SREI Infra: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "India Cements had a fairly strong bar yesterday and which basically negated the day before negativity. So India Cements is a buy with a stop loss of Rs 85 for target of Rs 98. Almost any cement stock is a strong buy because definitely strong buying is happening here otherwise this sector is not used to move in like this." "Escorts showed good accumulation at lower levels and generally it tends to do this - Rs 120-130 downside to Rs 175-180 on the upside. So this is a buy with a stop loss of Rs 146, look for targets of Rs 158," he said."Also in SREI Infra yesterday there was big momentum move with strong volumes, so chances are you will get follow through if not today in the days to come. This is a buy with a stop loss of Rs 56 and target of Rs 68.""Cairn India had a sharp rally from like Rs 120-156. It has corrected quite a bit so sooner or later I think this rally should resume. Crude prices were up 4 percent yesterday. Now they are down but I think it is getting ready for a resumption of its rally on the upside. This is a buy with a stop loss of Rs 142 and look for targets of Rs 156."