Sell HPCL, UPL; buy HCL Technologies: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "HPCL is a sell with a stop loss of Rs 550 and target of Rs 535. UPL is also a sell with a stop loss of Rs 720 and target of Rs 690.""IT is doing well, so HCL Technologies is a buy with a stop loss of Rs 820 and target of Rs 860.""I have taken personal positions in Idea Cellular because telecom seems to have momentum of its own; rest of the market is lacklustre and flat," he added.