Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Pharmaceutical is going through some sort of a mini bear market and because the large stock Sun Pharmaceutical, Lupin are doing that hence slowly the smaller stocks are also falling. However, my sense is that Sun Pharma getting very closed to Rs 680-700, around those zones longer term investors should buy that is the low that it hit at 6,900.""Similarly, Glenmark Pharma, probably again Rs 680-700 type of zones. You could use to buy if you are a longer term investor. The pharma is in a downtrend other than a Biocon or Ajanta Pharma. There is basically nothing; that is a sector you avoid for the moment," he added. "KPIT Technologies has a great chart, higher highs-higher low, so again a fresh breakout today. So that is a buy with a stoploss of Rs 180 target of Rs 194. Container Corporation of India after five to six days worth of correction and now is looking like it could have upside, this is a buy with stoploss of Rs 1,330 target of Rs 1,375.""Mahindra & Mahindra Financial Services given that we have the policy, that is a buy with a stoploss of Rs 328 and target of Rs 345.""Indo Count Industries is trading below all moving averages 50,100,200, so for the further moment it is an avoidable stock," he said.
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