Buy TVS Motor, Tata Comm; sell pharma stocks on rally: Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Cement continues to be weak and some of them are trading as close to the corresponding levels when the index was at 7,900, so clear underperformance, any sort of rallies should get sold into.""LG Balakrishnan and Brothers and TVS Srichakra are portfolio type stocks. So, very difficult to say whether for the day there are any trends but definitely TVS Srichakra has done well in the tyre space. So, that is one stock you should buy in case you are building a portfolio but I don’t think so early in the day you can talk about trades in such stocks," he said."Tata Communications is the strongest stock. So that is where people should look at. Tata Motors, etc has not been able to cross Rs 500. So, unless that happens, I don’t think Tata Motors is great. But in Tata Communications, Rs 620 has held on and chances are you will see levels past Rs 680 fairly soon.""Aurobindo Pharma, Sun Pharma and Lupin on rallies can be sold and there is a clear shift allocation from pharma to IT. So, pharma space is getting consistently weaker. Aurobindo Pharma has outperformed for last two-three years, so there is lots to give back and so chances are that you will see further downside. Below Rs 650, we could get closer to Rs 580-600.""TVS Motor can be bought with a stop loss of Rs 374, look for targets of Rs 392. Tata Communications is still a buy with a stop loss of Rs 645, target of Rs 690. Aurobindo Pharma can be sold with a stop loss of Rs 680, target of Rs 655."