Buy Indiabulls Housing, CESC; sell Titan Company: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Indiabulls Housing Finance is a buy with a stop loss of Rs 758 and target of Rs 780. Strong trend is restarting, its upside again." "CESC is a buy with a stop loss of Rs 690 and target of Rs 725. Titan Company which rallied sharply and reached almost its 200-day moving average is facing some resistance there. So, that is a sell with a stop loss of Rs 370 and target of Rs 354," he said. "Anybody who got into ICICI Prudential at any point, other than speculators is now making money. Insurance is that type of sector, Budget related sector, so chances are from here a long uptrend is starting out on ICICI Prudential given its pedigree, etc. Chances are it will attract huge institutions as well. So, this is one of your safe stocks where there should be very little resistance towards going on the upside," he said.