Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Indiabulls Real Estate had a sharp rally and post that it is getting into some sort of a correction. So, this is a sell with a stop loss of Rs 95, target of Rs 82. Short-term sell, maybe on declines positional traders can still buy." "Wockhardt, post showing is kind of consolidating and has now started to turn down. This is a sell with a stop loss of Rs 931, target of Rs 905," he said. "Tata Steel, again post a correction attempted a rally but slowly is now giving up gains. This is a sell with a stop loss of Rs 327, target of Rs 310. The idea of selling is that we get up to 7,780-7,790 and then the market starts to weaken. So, it has to be done a bit strategically." "Karnataka Bank and UPL are strong performers for a while now and coming out of corrections. So, UPL is a buy with a stop loss of Rs 570, target of Rs 605. Karnataka Bank is a buy with a stop loss of Rs 116, target of Rs 128."
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