Buy Amara Raja Battery: Ashwani Gujral

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, in a chat with ET Now, gives his calls for the day


What are the calls for the day?

Ranbaxy, pharma continues to show good tailwind, so we can still buy it with a stop of about Rs 490, target of Rs 535. The battery stocks suddenly moved higher and Amara Raja Battery made fresh intermediate highs. We can buy that with a stop of about Rs 200, target of Rs 230. Ipca Labs did well yesterday. So we can look at that, buy with a stop of about Rs 300, target of Rs 350. Taj GVK seems like it is bottoming out. So we can buy that with a stop of about Rs 195, stop of Rs 95, target of Rs 121 and also Jyoti Structures, that seems to be coming out of some kind of base. We can buy that with a stop of about Rs 72, target of Rs 98.