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Feb 08, 2018 01:08 PM IST | Source: CNBC-TV18

Buy Infosys, Yes Bank, Kotak Mahindra Bank: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying Infosys, Yes Bank and Kotak Mahindra Bank.

CNBC TV18 @moneycontrolcom

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Infosys is a buy with a stop loss of Rs 1,130 and target of Rs 1,175. Yes Bank is a buy with a stop loss of Rs 330 and target of Rs 352. Kotak Mahindra Bank is a buy with a stop loss of Rs 1,030 and target of 1,065."

"Interglobe Aviation is a buy with a stop loss of Rs 1,240 and target of Rs 1,300. It is very close to its 200-day moving average, plus has triggers of crude, etc."

"Motherson Sumi Systems is a buy with a stop loss of Rs 360 and target of Rs 385. IT is doing particularly well. So, Tech Mahindra is a buy with a stop loss of Rs 600 and target of Rs 650."

"Eicher Motors has gone through a mini-bear market. The good news is that the downside is probably couple of thousand, Rs 26,000, and upside if it starts, could be back to Rs 34,000-35,000. So, this is one of those stocks which is way ahead in its correction cycle than the rest of the market. So, maybe even in this fall it could fall a lot less."
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