Buy IndusInd Bank, Shoppers Stop, TVS Motor: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Shoppers Stop is moving up very sharply. That is a buy with a stoploss of Rs 480 and target of Rs 535. TVS Motor is a buy with a stoploss of Rs 650 and target of Rs 675. IndusInd Bank is a buy with a stoploss of Rs 1,680 and target of Rs 1,735."

"Dewan Housing Finance did not decline and today it is moving up fairly strongly. So, I think that is some place that people can look at. Even something like Ashok Leyland is moving back towards Rs 120 which is closer to recent highs. So stocks which are nearer to recent highs, those should be looked at," he added.