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Mar 17, 2017 11:25 AM IST | Source: CNBC-TV18

Buy HDFC, like Sintex Industries: Prakash Gaba

Prakash Gaba of recommends buying HDFC and likes Sintex Industries.

Prakash Gaba of told CNBC-TV18, "In HDFC, we have seen a good consolidation at Rs 1,100 and Rs 1,400. This is a correction on a monthly timeframe basis and it has given a breakout from there. So one could just buy it here, have a stop loss below Rs 1,360 or so. It can go to Rs 1,600-1,700, who knows but that is a medium-term to long-term target. I must disclose that is a stock that I have in my portfolio."

"I like Sintex Industries for target of around Rs 115-114 zone. May take its own sweet time, it is just crossing around Rs 100 mark, have a stop loss below Rs 96 and have some patience, one could get good money," he added.
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