Buy Alstom Projects: Ashwani Gujral

ET Now spoke to Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, on his stock recommendations.

Your stock recommendations.

Buy Alstom Projects with a stop of about Rs 515, target of Rs 580.

The key stock to watch today are the capital good stocks because tomorrow is IIP. Reliance Capital, Crompton Greaves and Alstom Projects have been bashed up quite a bit. In case capital goods improves in the IIP numbers you could have a rally on the capital goods sector.