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Buy ACC, YES Bank, Can Fin Homes, NBCC, Muthoot Finance: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying ACC, YES Bank, Can Fin Homes, NBCC and Muthoot Finance.

April 28, 2017 / 12:34 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "ACC is a buy with a stop loss of Rs 1,600, target of Rs 1,720. YES Bank took out its recent highs, so after those bad results, is showing something else, so that is a buy with a stop loss of Rs 1,620, target of Rs 1,700."

"I have included some of these new F&O list stocks because they are the stronger ones. Can Fin Homes is a buy with a stop loss of Rs 2,560, target of Rs 2,700. NBCC is a buy with a stop loss of Rs 195, target of Rs 210," he said.

"I have been saying that microfinance has bottomed out and probably Ujjivan's results will have a positive impact on the other stocks. Muthoot Finance is a buy with a stop loss of Rs 395, target of Rs 420," he added.

"PVR should continue to be a good consumer stock, people will probably stop other things and go for movies. That is what we have seen. So I think easily it should move towards levels of Rs 2,000 but to enter, wait for some event to happen which brings it down 50-100 points so that you can enter. If you enter today, if it opens up 2-3 percent that is not a very great risk point but this is one stock which will get into multi-thousand rupee type of price if you hold it long enough."

"Bajaj Finserv is a buy with a stop loss of Rs 4,650, target of Rs 4,900. It should cross Rs 5,000 at some point. Mahanagar Gas is a buy with a stop loss of Rs 1,010, target of Rs 1,075 and Tata Communications is a buy with a stop loss of Rs 720, target of Rs 756."

first published: Apr 28, 2017 08:55 am

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