Buy Indiabulls Housing, CONCOR, M&M Financial: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Indiabulls Housing Finance had a mild correction, so it's a buy with a stop loss of Rs 695, target of Rs 725, CONCOR is a buy with a stop loss of Rs 1,360, target of Rs 1,140 and Mahindra & Mahindra Financial Services is a buy with a stop loss of Rs 293 and target of Rs 310." "Sun Pharma below Rs 800 is now heading closer to Rs 700-720 because some sort of breakdown has happened, previous lows are about Rs 700," he said. "Cipla for a long-time looked like it was kind of creating some sort of bottom but in case we break Rs 495-500 zone, we could also go to Rs 460. So both these stocks, in fact all largecap pharma stocks are looking weak," he added.