Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Indiabulls Real Estate is a bit over extended to my liking because it is trading way away from averages but definitely the entire Mumbai real estate space looks positive and has lots of momentum." "Sun TV had a break away gap, so that is something which will do very well through the day and possibly a fresh trend may start. Results will come when they come but may be Sun TV will be at Rs 500 by the time results are out. It is a buy with a stop of Rs 410 target of Rs 435," he said."IT is also slowly pushing forward. For Infosys, Rs 1,180 being a strong support possibly is now heading towards fresh highs and should see Rs 1,350-1,400. Tata Consultancy Services (TCS) participates every once in a while, so if NASDAQ remains strong then probably IT is due for bit of a rally.""So far it is just banks and the Nifty that does well. I think Infosys will start taking more leadership in the market."""Bata India is a buy with a stop loss of Rs 590, target of Rs 620, again this one is gapped up and Infosys is a buy with a stop loss of Rs 1,220 target of Rs 1,265."
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