Buy Amara Raja Batteries; sell YES Bank, Axis Bank: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Amara Raja Batteries has made some sort of a bottom, so, that is a buy with a stop loss of Rs 870 and target of Rs 905. YES Bank is a sell with a stop loss of Rs 1,480 and target of Rs 1,445." 

"Axis Bank is also a sell with a stop loss of Rs 495 and target of Rs 470," he added.

"PC Jeweller has showed lots of good trend and possibly this is a correction. I would like to see if that holds on to maybe say levels closer to Rs 390-395. However, if those levels go, then possibly the bullishness is over. However, this is a decline I would like to see if it can be bought closer to Rs 390-395," he added.