Failed to connect to MySQL: No route to host Pick Kotak Mahindra Bank: Ashwani Gujral - Moneycontrol.com
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney Tech Control
Moneycontrol

Home » News » Stocks Views

Feb 17, 2017, 11.17 AM | Source: CNBC-TV18

Pick Kotak Mahindra Bank: Ashwani Gujral

According to Ashwani Gujral of ashwanigujral.com, one may pick Kotak Mahindra Bank as it will go to Rs 1000.

Like this story, share it with millions of investors on M3

Pick Kotak Mahindra Bank: Ashwani Gujral

According to Ashwani Gujral of ashwanigujral.com, one may pick Kotak Mahindra Bank as it will go to Rs 1000.

Post Your Comments

Share Cancel

Ashwani Gujral (more)

Technical Analyst, ashwanigujral.com | Capital Expertise: Equity - Technical

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Any chart patterns on Axis Bank and Kotak Mahindra Bank, I don’t think that is too relevant today because  HDFC Bank is likely to pull up all of these guys. I think  Kotak Mahindra Bank between the two is a better bank because that is outperforming and probably if we can cross Rs 835-840, that gets to a fresh high. So, maybe it will get to Rs 1,000 quicker than Axis Bank does 20 percent. However, given this sort of scenario, I think today all private banks should do well."

"This is a good time to get out of HDFC Bank if you have long positions, etc. because the futures are indicating that this may not sustain. So, even taking short positions may not be such a bad idea because after the opening there is hardly any follow through. Even HDFC Bank is making a low of the session. So, we have taken short positions, maybe it works."

" Infosys - the entire response to that buyback buzz, etc has been fairly lukewarm. So, maybe on declines you can buy around Rs 980, but I don’t think that buyback is really fuelling the IT index or these largecap stocks," he added.
Buy, Hold, Sell ? Hear it first on M3
Pick Kotak Mahindra Bank: Ashwani Gujral

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login