Buy LIC Housing, Bharat Forge, Reliance Cap, Cairn India: Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "LIC Housing Finance had a couple of days of consolidation. It had a sharp move into the close, so that is a buy with a stop loss of Rs 454 and target of Rs 480. Yesterday financial stocks came back." "Similarly Bharat Forge has gone through a massive bear market and now it appears that at least it will have an intermediate rally on the upside. So, this is a buy with a stop loss of Rs 820, look for targets of Rs 856," he said. "Late in the day, ADAG pack picked up quite a bit and now we are getting to that phase where momentum stocks and all kinds of other stocks which could have shorts will try to propel themselves higher like we saw with Reliance Infrastructure. That is possible with Reliance Capital also. So, it is a buy with a stop loss of Rs 370 and a target of Rs 392." "I believeCairn India has bottomed out because crude seems to have bottomed out. So, that is a buy with a stop loss of Rs 132 and a target of Rs 146."