Buy Tech Mahindra, Apollo Hospitals Enterprises: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Edelweiss Financial Services is a buy with a stop loss of Rs 294, target of Rs 312. Tech Mahindra is a buy with a stop loss of Rs 495, target of Rs 520. Apollo Hospitals Enterprises is a buy with a stop loss of Rs 1,180, target of Rs 1,240."

He further added, "Sun Pharmaceutical Industries is crossing its 200-day moving average after a while. So that way, some amount of upside is there. But, the problem with Sun Pharma is that people have it all the way up. So anybody who thinks his price is coming back is likely to sell. So I would much rather buy a stock at new highs than expect Sun Pharma to recover substantially because there will be a lot of sellers on the way. But short-term 3-5 days, it looks like pharma could have more upside."