Divis Laboratories may slip to Rs 750, Gail may test Rs 485-500: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "All gas stocks are looking good right now. Gail India, possibly if we can get past this Rs 430-435, I think you could see levels close to Rs 485-500. However, this one often tends to disappoint. So the private gas players Petronet LNG, and IGL, etc. they often look much better."

He further added, "Dishman Pharma does not have enough charting history, but Divis Laboratories definitely that 8-10 percent decline has not served the stock well. Possibly it will go back towards Rs 750."