Buy Syndicate Bank, Adani Ports, BPCL: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Syndicate Bank is a buy with a stop loss of Rs 72 and target of Rs 80. Adani Ports is also a buy with a stop loss of Rs 275 and target of Rs 292. Bharat Petroleum Corporation (BPCL) is a buy with a stop loss of Rs 650 and target of Rs 685.""These are possibly pullback rallies, given the way industry is moving. Given the long bear market, Idea Cellular has gone from Rs 200 down to Rs 75.Very difficult to say whether it is bottoming out. Possibly a trading rally which could get up to Rs 90-95 and then again we see new lows. I don’t think any of the telecom stocks are worth getting into. There are much better plays," he said."In this rally, possibly the rate sensitives will do the best, so on declines try to get into the NBFCs if you want to perform in this market run."