Buy NBCC, SRF, Asian Piants; sell Indiabulls Housing: Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "On metals we have had large rallies as I am expecting resistance to come in shortly, you would take fresh calls only once these stocks are corrected, they are in uptrend but if you enter something right now and you run into a correction, you will be 10-15 percent lower. So I would like to have some sort of bad news or bad global market for metals before you start buying again.""ONGC is an underperformer and probably people who got stuck, this is an opportunity to get out. These rallies have happened earlier but nothing comes out of them. GAIL India maybe a bit of a different issue but now you have so many gas stocks that probably are better gas stocks than GAIL. Between the two probably GAIL is a better choice where I would expect levels of Rs 450 to come in," he said."NBCC has had a very sharp move but once it has this sharp move or stake sale announcement comes in, this is an opportunity to probably enter the stock and I do think we will get levels upwards of Rs 300 but use this decline to probably buy into this stock.""SRF is a buy with a stop loss of Rs 1,350, target of Rs 1,420. Indiabulls Housing Finance is a sell with a stop loss of Rs 715, target of Rs 660 and Asian Paints is a buy with a stop loss of Rs 1,000, target of Rs 1,050."