Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Tata Motors will get back towards Rs 480-500, so, big morning for Tata Motors should be expected today. Overall, all Tata Group stocks, particularly ones which are UK based or kind of have a foreign component, they are doing well. So, I think that Tata Steel and Tata Motors in the next couple of months should be good for them."
"Some things are good and some things are not so good. So, Bharat Financial continues to collapse. So, that is a sell with a stop loss of Rs 675 and target of Rs 640. The kind of collapse it is seeing, chances are there is something fundamentally changing and it is true for Ujjivan Financial, Equitas Holdings, etc. We will know in the results maybe next quarter," he said.
"Jain Irrigation is a sell with a stop loss of Rs 90 and target of Rs 82."
"Meanwhile all of the buys, they had very sharp up moves from yesterday’s lows, 8-10 percent up moves. So that way possibly a bottom is in place. So, L&T Finance Holdings is a buy with a stop loss of Rs 124 and target of Rs 136."
"Can Fin Homes is a buy with a stop loss of Rs 2,550 and target of Rs 2,630. PVR made a low day before so this is a buy with a stop loss of Rs 1,450 and target of Rs 1,530."
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