Buy ITC, Bajaj Auto, Tata Chemicals: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "One can buy ITC with a target of Rs 372 keeping a stop loss at Rs 350 and Bajaj Auto with a target of Rs 2600 keeping a stop loss at Rs 2470.""One can also buy Tata Chemicals with a target of Rs 450 keeping a stop loss at Rs 428," he said."Asian Paints and HDFC both look like they have another 15-20 percent upside. I am not so sure whether you can say its bottomed out, but closer to say Rs 19,800-20,000 where the 50 day moving average (DMA) is on Bosch, probably that’s a much better buying zone, but definitely HDFC and Asian Paints will outperform in this phase of the market."