Buy Manappuram Fin, Repco Home; sell IndusInd Bank: Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Manappuram Finance is part of that non-banking financial companies (NBFCs) club, which is continuously moving higher. I gave the rural NBFCs a couple of days back, so I avoided them. So this is a buy with a stop loss of Rs 60, look for targets of Rs 72.""Repco Home Finance is continuously moving higher and this is outperforming the overall housing finance space. This is a buy with a stop loss of Rs 754, target of Rs 782," he said."IndusInd Bankis just a day trade because stocks which have run up a lot are now finding resistance at higher levels, possibly some out of institutional selling also could be here but on declines, it is a buy. So if it gets down probably to Rs 1,000-1,020, you would again buy. This is a day trade, this is a sell with a stop loss of Rs 1,110 and look for targets of Rs 1,060.""Pharma is now breaking now, the midcap pharma was holding on. So Ajanta Pharma is sell with a stop loss of Rs 1,480, target of Rs 1,425."