Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Infosys and Tata Consultancy Services (TCS) are failing to make substantial new lows. So, the downtrend seems to be exhausting and in this sort of an environment, the stocks are just waiting for some good news to happen given that NASDAQ is also above 5,000 and we have underperformed even the NASDAQ. So, that way probably TCS and Infosys could contribute in holding up the market. We have disclosure before the results. Chances are you could have big movement post the results. So, TCS is a buy with a stop of Rs 2,450, target of Rs 2,580. Infosys is a buy with a stop loss of Rs 1,170, target of Rs 1,240.""Gujarat Mineral Development Corporation (GMDC) had a fresh breakout. It is a buy with a stop loss of Rs 77, target of Rs 92. Vardhman Textiles is a buy with a stop loss of Rs 970, target of Rs 1,040 and while Amara Raja Batteries has been doing nothing. Exide Industries has moved up to Rs 180, so that is a buy with a stop loss of Rs 178, target of Rs 192," he said.
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