Buy IndusInd Bank, M&M Financial, ITC; sell HCL Tech: Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "IndusInd Bank has re-started its rally, so this is a buy with a stop loss of Rs 1085 and target of Rs 1140. HCL Technologies is a sell with a stop loss of Rs 720 and target of Rs 685." "Mahindra & Mahindra Financial Services and Bharat Financial Inclusion have started their uptrend. So Mahindra & Mahindra Financial Services is a buy with a stop loss of Rs 319 and target of Rs 335," he said. "Dr Reddy's Laboratories is bottoming out, so the worst is over and above Rs 3,250 you are likely to see Rs 3,600 over a period of time.""The dip should be bought in ITC and levels of Rs 390-400 could come in soon.""Hero MotoCorp went through a mild sideways move and now the fresh breakout, once we get passed Rs 3,170-3,200, you could see further 200-300 point upside upto Rs 3,500," he added.