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Sep 14, 2017 02:19 PM IST | Source: CNBC-TV18

Buy IIFL, Yes Bank, IGL, Bajaj Finance; Divis Lab likely to hit Rs 1000: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can buy IIFL Holdings, Yes Bank, IGL and Bajaj Finance and feels that Divis Lab is likely to hit Rs 1000.

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Divis Laboratories has bottomed out. Now it can have one or two up or down sessions, but I think it will get to Rs 950-1,000 given the volume with which this recent move has happened. It appears that it has bottomed out."

"All the oil marketing stocks have dropped off the major gaining list. So, obviously post the open, buying has not come back into those stocks."

"IIFL Holdings is a buy with a stop loss of Rs 710 and target of Rs 745. Yes Bank is a buy with a stop loss of Rs 1,845 and target of Rs 1,880. IGL is a buy with a stop loss of Rs 1,410 and target of Rs 1,475," he said.

"Bajaj Finance can be bought at current level because it had those large two up bar days. Post that, it just consolidated in a narrow range and today is again pushing on the upside. So chances are it could make a fresh high today," he added.

"CESC is a buy with a stop loss of Rs 1,055 and target of Rs 1,120. ICICI Bank is a buy with a stop loss of Rs 290 and target of Rs 305. Divis Laboratories continues its rally from yesterday. That is a buy with a stop loss of Rs 858 and target of Rs 900."

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