Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Bharat Forge has remained below its 20 and 50-day moving averages. It had a small rally which is now kind of ended. So, that is a sell with a stop loss of Rs 800 and look for targets of Rs 775." "Jet Airways has held on, it had a brief correction, yesterday again it started its rally, so it is a bull market stock. This is a buy with a stop loss of Rs 620 for target of Rs 645," he said."The chemical and fertiliser companies are doing very well. So, Tata Chemicals even on a weak day made fresh highs. So, this is a buy on all declines. Buy with a stop loss at around Rs 420 and look for targets of Rs 442." "Some stocks did show downside yesterday and broke intermediate lows. IRB Infra is one of them. It is the sell with a stop loss of Rs 216 for target of 202." "Aurobindo Pharma had a bit of a rally after it got included in the Index. Again pharma space is coming under pressure. This is a sell with a stop loss of Rs 769, target of Rs 745. The one pharmaceutical stock you should buy is probably Glenmark Pharma,"he added.
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