Buy State Bank of India, Prestige Estates, Gujarat Fluorochemicals: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "State Bank of India (SBI) has started a fresh trend and probably it will continue to rally till the initial public offering (IPO). This is a buy with a stop loss of Rs 276 and target of Rs 292."

"Prestige Estates Projects is a buy with a stop loss of Rs 260 and target of Rs 274. Gujarat Fluorochemicals is a buy with a stop loss of Rs 790 and target of Rs 820."

"I believe good news has just started happening on Ashok Leyland, Rs 80-85 is a fairly strong zone and with two or three quarters of good news one could find it at Rs 130-135," he said.