Buy ONGC, Tata Elxsi, LIC Housing, Tech Mahindra, SBI: Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "For the moment, we are in to an uptrend, the market opinion is different from actual calls. So, oil is doing extremely well and there has been a call that commodities have bottomed out. ONGC is buy with a stop loss of Rs 298 and target of Rs 313. Tata Elxsi is also a buy with a stop loss of Rs 1,400 and target of Rs 1,520.""Inspite of whatever Donald Trump says. LIC Housing Finance is a buy with a stop loss of Rs 560 and target of Rs 585. Tech Mahindra is a buy with a stop loss of Rs 465 and target of Rs 490," he said. "State Bank of India (SBI) is a buy with a stop loss of Rs 260 and target of Rs 282. One thing I want to point out is that if IT stocks open lower and then come back to close at the highs post Trump comments that would prove that they have actually made some sort of a bottom. So, I would like to see how the market gets tested by news."