Buy Bata India; sell Tata Motors DVR, ICICI Bank: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Bata India is a buy with a stop loss of Rs 578, target of Rs 602. All the rural stories are doing fairly well. Now several stocks have started upmoves and have suddenly reversed. Tata Motors DVR is one of them. It is a sell with a stop loss of Rs 277, target of Rs 263." "ICICI Bank which started an upmove was halted by its 20-day moving average. That is never a good sign, although the results, etc. are out. It will re-test Rs 210. So, that is a sell with a stop loss of Rs 225, target of Rs 210," he added.