Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "HCL Technologies is a sell with a stop loss of Rs 840, target of Rs 810. Tata Chemicals is a buy with a stop loss of Rs 618, target of Rs 640. Tata Elxsi is a buy with a stop loss of Rs 1,600, target of Rs 1,640."
"In Ashok Leyland, the long position, the trade actually came about was when BS-III day, where the stock came off but could not take out the recent lows. So Rs 80-84 became a fairly strong level. Now, the good news has just about started coming. Two or three quarters, possibly you will get Rs 118-120, but definitely from here, the stock is on strong wicket," he added.
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