Buy Tata Motors, Sobha may test Rs 350-360: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "All through Brexit, Rs 430 has held on by Tata Motors. That was a key zone that I was looking for and as it touched the level couple of times but never closed below it. So, definitely on any sort of gap-up, gap-down, you should buy it. Now the stop loss is fairly close, it is above 20 points, whenever these fears ease out, Tata Motors is done with its correction, the stock should move higher.""Probably Sobha is the one or Godrej Properties which moved yesterday, I don’t think the F&O stocks or the index stocks are likely to move a whole lot. The broader market stocks will move up. In Sobha, I am expecting probably Rs 350-360 coming in and on Godrej Properties, which has moved up after a very narrow range, probably we could see 10-15 percent rally but overall on the index, follow through is difficult to come by," he said.