Moneycontrol
Jan 31, 2017 09:38 AM IST | Source: CNBC-TV18

Buy Can Fin Home, Indiabulls Housing, Vedanta, CESC: Gujral

Ashwani Gujral of ashwanigujral.com suggests buying Can Fin Home, Indiabulls Housing Finance, Bajaj Finance, Vedanta and CESC.

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "There will be stocks which will go up and particularly the housing finance stocks have been showing lot of strength. So, Can Fin Homes is a buy with a stop loss of Rs 1,800, target of Rs 1,920. Indiabulls Housing Finance is a buy with a stop loss of Rs 760, target of Rs 785. Bajaj Finance could continue its rally. That is a buy with a stop loss of Rs 1,040, target of Rs 1,080. Vedanta continues its upside, that is a buy with a stop loss of Rs 255, target of Rs 272. CESC is also a buy with a stop loss of Rs 735, target of Rs 760."

"For the IT index, a lot of the news is priced in but now you are getting newspaper headlines also talking the same. So, possibly on a weak day, IT could underperform," he added.

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