Buy JK Lakshmi, DHFL, Kolte-Patil Developers: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "The largecaps could consolidate, so action shifts to the midcaps. JK Lakshmi Cement gave a fairly strong buy on Monday and this is a buy now with a stop loss around Rs 360, target of Rs 384. All through March and April, that this will be one pocket which will surprise people. So, instead of trying to get out of it, there is still opportunity to get into cement.""Housing finance is starting to pick up with HDFC kind of bottoming out. So, Dewan Housing Finance (DHFL) is a buy with a stop loss of Rs 202, target of Rs 217. Indiabulls Housing and HDFC, all three of them are looking fairly positive. HDFC has exhausted on the downside and now it is looking to move up," he said."My sense is big move, whether who bought it is not important. There was money used to create that big move. So, if that big move has happened, any sort of decline in real estate stocks should now be used to buy. Kolte-Patil Developers is just one of the stories. Sobha has also crossed its 200-day moving average. Several real estate stocks are now looking good for another 20-25 percent. So, Kolte-Patil Developers is a buy with a stop loss of Rs 120 and we look for targets of Rs 132."