Moneycontrol
Jan 13, 2017 01:40 PM IST | Source: CNBC-TV18

Buy GAIL India, Balmer Lawrie, Balrampur Chini: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying GAIL India, Balmer Lawrie and Balrampur Chini.

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "GAIL India is a buy with a stop loss of Rs 447 for target of Rs 470. Balmer Lawrie has restarted the move, that is a buy with a stop loss of Rs 232 for target of Rs 246. Balrampur Chini is also a buy with a stop loss of Rs 139 for target of Rs 153."

"Tata Consultancy Services (TCS) has found support, say above Rs 2,200, but wait for it to stop before getting in because these stocks can fall further than you expect. Maybe now the stocks are preparing for Trump's inauguration speech. So, these sort of controversial type of stocks or uncertain type of time, you need to keep away from these stocks, but definitely on the day of Trump’s speech probably these stocks are likely to bottom out," he said.
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