Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "SRF is a buy with a stop loss of Rs 1,320, target of Rs 1,380. Bharti Infratel, which fell first and then had a sharp rally is a sell with a stop loss of Rs 356, target of Rs 338. Mindtree is a sell with a stop loss of Rs 672, target of Rs 640.""Couple of weeks back, Dr Reddy's Laboratories broke out and Rs 4,000-4,200 looks quite likely. Pharma is performing in patches, so it seems to be money coming out of IT, it is probably looking for places to hide in pharma," he added.
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