The latest analysis and commentary by stock market guru Ashwani Gujral of ashwanigujral.com on what is moving the markets today.

According to Gujral, It is not the best point, but Nifty and Bank Nifty can still be bought. Gujral believes there is a bit of momentum now and there are chances of short covering and hence the dips are not lasting longer.

Gujral believes 10,430-10,450 is now a decent stop and 25,200 on the Bank Nifty should act as a stop.

On Ashok Leyland he said that the stock has been in range of Rs 140-150 and he is expecting the next target to be around Rs 170-175.

Check out his top stock recommendations.

HDFC Bank is a buy with a stop of Rs 1,930 and target of Rs 2,010.

Bank of Baroda (BoB) is a buy with a stop of Rs 146 and target of Rs 160.

Canara Bank is a buy with a stop of Rs 276 and target of Rs 290.