Buy BGR Energy, Patel Engineering, GVK Power and JP Associates: Ashwani Gujral

ET Now spoke to Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, on BGR Energy, Patel Engineering, GVK Power and JP Associates.

What is the call on BGR Energy, Patel Engineering, GVK Power, JP Associates?

The moment BHEL says that all is well, the smaller guys also start running up. It is bit of like if big cap techs come out with good results, the small caps also start running. BGR Energy found a bottom at about 405 to about 440. It is now slowly beginning to start moving higher. These stocks got really beaten up. So from lower levels even 15-16% moves, really they would only recover a part of their lost ground. BGR Energy could now get up to 627. Patel Engineering we discussed that could easily get to 200 as early as tomorrow. So all of these stocks are basically getting that infra affect from BHEL which is saying that it has good orders. So infra could have another 3 to 4-day rally. They were really beaten up and suddenly stock falling and now they could have pretty substantial 15-20% type of rallies.