Buy OBC; sell HCL Technologies, Tech Mahindra: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "NBCC used to be my favourite stock and this sort of move generally tends to happen often, basically, sideways between Rs 165 and Rs 215. Above Rs 215, a fresh upmove has probably started and we should look at targets of Rs 255-260 at some point.""Oriental Bank of Commerce (OBC) is a buy with a stop loss of Rs 116, target of Rs 128, PSU banks are having a strong day. You can sell HCL Technologies with a stop loss of Rs 730, target of Rs 700. IT index is coming under the hammer and Tech Mahindra is a sell with a stop loss of Rs 513, target of Rs 495," he said.