Buy Larsen & Toubro, HDFC Bank, State Bank of India: Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Yesterday Larsen & Toubro (L&T) broke out afresh. After that large move, it has been consolidating at the top end of that bar and yesterday it broke out. So that is a buy with a stop loss of Rs 1,490, target of Rs 1,540.""HDFC Bank after 8-10 down sessions, shown a fresh action on the upside yesterday and that is the hope for the Bank Nifty. So this is a buy with a stop loss of Rs 1,150, target of Rs 1,210 and lots of other banks like Kotak Mahindra Bank, etc also showed a large breakout hence the market does not seem to be dependent on one-two stocks," he said."State Bank of India (SBI), the day it had its results and 10 percent move, that was the day the uptrend has started. So basically in SBI over a period of time we are expecting it to head towards Rs 250."