Buy Siemens, Tata Chemicals; sell Tech Mahindra, TCS: Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "In general, the view on IT has remained negative. I do not think Infosys has stopped its fall, because all of these stocks were consolidating waiting for the next piece of bad news. So, Tata Consultancy Services (TCS) will provide that momentum.""Certain stocks have just started rallies yesterday and Motherson Sumi Systems is one of them. Siemens has also started moving higher. Again it was in a strong uptrend, completing a correction. It is a buy with a stop loss of Rs 1,280, target of Rs 1,330," he said."Tata Chemicals has been in a strong uptrend. That is a buy with a stop loss of Rs 560, target of Rs 585. Tech Mahindra is a sell with a stop loss of Rs 476, target of Rs 450 and TCS is also a sell with a stop loss of Rs 2,480, target of Rs 2,360."