Moneycontrol
Aug 12, 2017 09:16 AM IST | Source: CNBC-TV18

Motherson Sumi may test Rs 360-365, Hindalco may slip to Rs 185: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com feels that Motherson Sumi Systems may test Rs 360-365.

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "I like the way Motherson Sumi Systems is shaping up. It basically found support at about Rs 300. So that becomes a decent stoploss and possibly, if we have a couple of good days, even if the market is sideways, I expect this to go to Rs 360-365."

"Also, Bajaj Finance moved up fairly strongly from lower levels. So here, even if it declines, you can buy and probably keep targets of Rs 1,750."

"Metals have started a correction and you will probably find Hindalco Industries going back to Rs 185," he said.

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