Buy TCS, JSW Steel, Torrent Pharma, Ajanta Pharma: Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Tata Consultancy Services (TCS) and JSW Steel did not have a large fall. They closed almost unchanged or positive. So, on such a big down day, when something does not really fall, often that is a sign of strength, so chances are that on the upside they could show traction. TCS is a buy with a stop loss of Rs 2,440, target of Rs 2,510." "JSW Steel is a buy with a stop loss of Rs 1,240, target of Rs 1,310. But remember, these are buys around that 7,580-7,600 zone. Do not try to buy them on a gap up and then get into trouble," he said."Biocon, Ajanta Pharma and Torrent Pharmaceuticals, all kinds of midcap pharmaceuticals did well. So, on a positive day, it could do even better. So, Torrent Pharmaceuticals is a buy with a stop loss of Rs 1,380 and look for targets of Rs 1,440.""Ajanta Pharma is a buy with a stop loss of Rs 1,395, look for targets of Rs 1,460."