Buy SBI, M&M, Ashok Leyland, Ceat, TV Today: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "State Bank of India (SBI) will participate in the overall banking rally. Possibly, you will get back towards Rs 195-200. So, given that it has a positive trigger, market is looking up. It is a good idea to get into SBI.""Mahindra & Mahindra and Ashok Leyland are finding support at higher levels. So, M&M is a buy with a stop loss of Rs 1,250, target of Rs 1,310," he said."Ashok Leyland has not gone below Rs 80, so that is the strongest commercial vehicle stock. It is a buy with a stop loss of Rs 88, target of Rs 100.""Apollo Hospitals is a very strong stock, so this is a buy with a stop loss of Rs 1,475, target of Rs 1,550. Generally it does well because it has something always in the Budget." "Ceat is again making a strong base and from there, even yesterday it gapped up. So, it has given a buy signal yesterday itself and generally, it tends to do very well in terms of the tyre space. So, given that autos are looking positive, Ceat is a buy with a stop loss of Rs 980, target of Rs 1,020.""TV Today is a strong midcap stock, did not correct a whole lot. So this is a buy with a stop loss of Rs 300 and look for targets of Rs 321.""Given that Maruti Suzuki has had quite a bashing, the stock can do well. Basically, given the auto numbers and the mood of the market, everything should do well, but remember that since yesterday morning, these stocks were up quite a bit. So, try to look for corrections to enter. Entering right now, you may be entering somewhat of a short term high and from where you could easily get a decent correction."