Buy Balkrishna Industries, GMDC, OBC: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Balkrishna Industries has been a strong uptrend, went through a correction and is now resuming its uptrend. So that is a buy with a stop loss of Rs 1,080, look for targets of Rs 1,140.""Gujarat Mineral Development Corporation (GMDC) is a buy with a stop loss of Rs 102, target of Rs 116," he said."Oriental Bank of Commerce is a buy with a stop loss of Rs 133, target of Rs 145.""I had mentioned last week that the particular move in ICICI Bank will have follow through even if it comes down for a couple of days. It has crossed its 200-day moving average at Rs 260. So, Rs 260 now becomes a fairly decent stop loss. There is a clear 1:2 risk reward where Rs 315-320 could be expected and that is why Bank Nifty is likely to retest its previous highs, much before the Nifty will. So, ICICI Bank looks strong and there is probably more to come."