Moneycontrol
Nov 10, 2017 11:19 AM IST | Source: CNBC-TV18

Buy Sobha, Interglobe Aviation, Jaiprakash Associates, Bajaj Auto: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com suggests buying Sobha, Interglobe Aviation, Jaiprakash Associates and Bajaj Auto.

Ashwani Gujral of ashwanigujral.com  told CNBC-TV18, "Sobha is up almost 10 percent post a correction, so chances are this one is now heading towards Rs 550-560. It is still a good time to get into. So, that is just something which is fresh of the oven."

"Interglobe Aviation is a buy with a stop loss of Rs 1,190 and target of Rs 1,250. Jaiprakash Associates is a buy with a stop loss of Rs 17 for target of Rs 19.50."

"Bajaj Auto is a buy with a stop loss of Rs 3,190 for target of Rs 3,260. In fact all kinds of midcap realty particularly Bangalore based are now moving up."

"Basically, all kinds of consumption stocks are moving up and Vadilal Industries is also coming off its 200-day moving average and a correction. So I think it should get back towards recent highs of about Rs 1,160-1,200. However, for the day the sector move seems to be in midcap realty," he said.
Sections
Follow us on
Available On