Go long in Bharat Financial; short Bharti Infratel: Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Dish TV has been moving sideways. If it opens down for 4 percent, chances are we should go back towards Rs 75-77 and test those levels.""Idea Cellular has bottomed out and from here, all telecom stocks should have at least 10-15 percent rally," he said. "Bharat Financial Inclusion came down and tested 200-day moving average. So obviously the stock seems to have bottomed out and from here, you could get levels of Rs 850-870. All non-banking financial companies (NBFCs) are doing well. So Bajaj Finance, Bharat Financial, Can Fin Homes, Bajaj Finserv and NBFCs could do much better than the Bank Nifty today. So that is the place you focus on going long.""All sectors are in the red. So I don't thing getting long in too many stocks is a right idea. Get long on Bharat Financial, etc but overall the market looks fairly weak and the better idea is look for opportunities on the short side. So maybe still go short on Bharti Infratel, maybe Eicher Motors and Biocon and Bharat Financial Inclusion can be looked at on the long side."