Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "United Spirits a few days back had showed some sort of trend. Now it has come back and re-testing its 200-day moving average from the upside. So, maybe right now is a good buying opportunity, keep a stop loss of Rs 2,200 and look for Rs 2,400-2,450 again, but there are better stocks. I mean this is volatile and best of times hasn’t really created too much wealth."
"IRB Infra is a buy with a stop loss of Rs 234 for target of Rs 246. Arvind is also a buy with a stop loss of Rs 400 for target of Rs 425. Bharat Heavy Electricals (BHEL) is a buy with a stop loss of Rs 162 for target of Rs 174," he said.
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