Like Ashok Leyland; Manappuram Finance may head higher, SBI can hit Rs 278: Prakash Gaba

Prakash Gaba of prakashgaba.com told CNBC-TV18, "I certainly like Ashok Leyland, that looks good to me. The way it is trading, it can really climb higher. I feel that Ashok Leyland can even cross all time high and go towards Rs 115 and Rs 120 zone. It has bounced from a very strong base." 

"Manappuram Finance can climb higher from here. Allahabad Bank looks okay to me, can climb to levels closer to Rs 73, keep stop loss below Rs 70. State Bank of India also is looking good and can climb to levels closer to Rs 278, keep stop loss below Rs 270," he said.