Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Just Dial is a sell with a stop loss of Rs 585 for target of Rs 560. Motherson Sumi Systems is also a sell with a stop loss of Rs 370 for target of Rs 355. TV Today is a buy with a stop loss of Rs 255 for target of Rs 272."
"There is probably some amount of news that is driving Axis Bank because the other private sector banks are not doing as well. So, possibly, once we get past Rs 500, it tends to get a little bullish. Maybe there should be some news out in the next few days, but definitely driven by buying. I would think in a market that recovers, Axis Bank could get up to Rs 520-525," he added.
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