BEML looks good, like IDFC; buy Ashok Leyland on dips: Prakash Gaba

Prakash Gaba of prakashgaba.com told CNBC-TV18, "I have two stocks. BEML certainly is looking good to me. The way it is trading, looks like BEML can climb to levels closer to around Rs 1,900 zones, keep stop loss below Rs 1,790."

"Another stock is IDFC. It has already moved up a lot and targets are near. So, I would revise my target from Rs 60 to Rs 61 zones and also revise my stop from Rs 56 to maybe Rs 56.50. So IDFC still looks good to me. It has already moved up a bit."

"I like Ashok Leyland a lot, in fact for a slightly longer term timeframe. It has seen a good 10 months on consolidation and after a 10 months of consolidation, it has given a breakout somewhere closer to Rs 95. This stock is just not going up, it is going up much higher, fresh buy signal has emerged here. I think it is going to around Rs 130-135 zones, may take its own sweet time and maybe higher. So Ashok Leyland is a buy on dips and continue holding it," he said.