Moneycontrol
Mar 04, 2016 02:12 PM IST | Source: CNBC-TV18

Buy Ambuja Cements, Zee Entertainment, Tata Motors: Hathiramani

Manish Hathiramani of Deen Dayal Invstments recommends buying Ambuja Cements, Zee Entertainment and Tata Motors.

Manish Hathiramani of Deen Dayal Invstments told CNBC-TV18, "My first buy is on Ambuja Cements for a target of Rs 210 and a stop loss of Rs 190. This stock has been sideways between Rs 185 and Rs 200. We have broken out on the upside."

"The second buy is on Zee Entertainment with a target of Rs 410 and a stop loss of Rs 380. The stock has taken its own time to consolidate and then move up. The level of Rs 375 is a good resistance and we are trading well above that. The intermediate highs of Rs 395 has also been crossed," he said.

"The last buy is Tata Motors for a target of Rs 365 keeping a stop loss of Rs 310. The levels of Rs 320-321 was the resistance levels to watch out for. We have got very good volume support for this upmove as well."

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