Buy Syndicate Bank, Asian Paints, Reliance Industries: Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Syndicate Bank is a buy with a stop loss of Rs 52 with a target of Rs 64. This rally on PSU banks is probably not over and we will see more upside as many more shorts get covered.""Asian Paints is a buy with a stop loss of Rs 870, target of Rs 910. Reliance Industries is already above its 200-day moving average. So, it is outperforming the market. So, this is a buy with a stop loss of Rs 980 and we have a target of about Rs 1,040 in it," he said.Disclosure: Reliance Industries has acquired management control of Network18, which owns TV18 Broadcast and moneycontrol.com.