Buy Ashok Leyland, Jain Irrigation Systems, Tata Motors, Reliance Naval: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Ashok Leyland is a buy with a stop loss of Rs 119 and target of Rs 130. Jain Irrigation Systems is also a buy with a stop loss of Rs 124 and target of Rs 136.  Tata Motors is a buy with a stop loss of Rs 432 and target of Rs 452."

"Reliance Naval is a sell with a stop loss of Rs 66 and target of Rs 54. Hindustan Petroleum Corporation is a sell with a stop loss of Rs 410 and target of Rs 395. Tata Elxsi is a buy with a stop loss of Rs 965 and target of Rs 990," he added.