IOC can climb to Rs 393; TVS Motor, Ashok Leyland look weak, GAIL India looks good: Prakash Gaba

Prakash Gaba of prakashgaba.com told CNBC-TV18, "Indian Oil Corporation looks good. It is climbing to levels closer to Rs 392-393 zones. Stop loss somewhere below Rs 379 on Indian Oil should be fine."

"Stock that look weak is TVS Motor Company, looks like it is falling down, can slide down to levels closer to around Rs 420. I would have a stop loss above Rs 431 and trade it short," he added.

"GAIL India looks good to me. It can climb to levels closer to Rs 383 zones, stop loss below Rs 370. Ashok Leyland looks weak, can slide down to Rs 86-85, keep stop loss above Rs 88," he added.