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Buy Avanti Feeds, TV Today, GAIL India, KRBL, Hindustan Zinc: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying Avanti Feeds, TV Today, GAIL India, KRBL and Hindustan Zinc.

October 04, 2017 / 12:02 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Avanti Feeds continues to move up strongly, that is a buy with a stop loss of Rs 2,200, target of Rs 2,350. TV Today had a sharp rally and then a correction and is again pushing up. It is a buy with a stop loss of Rs 360, target of Rs 382."

"GAIL India is also a buy with a stop loss of Rs 430, target of Rs 448. KRBL is a buy with a stop loss of Rs 498, target of Rs 520. Hindustan Zinc despite yesterday’s rally can still be bought with a stop loss of Rs 308, target of Rs 325," he said.

"Natco Pharma is trading at its 200-day moving average (DMA). So, today’s rally is a fresh rally. If it opens 10 percent high, go in and buy because the way it is looking, it is likely to cross its previous all-time high. So if the opportunity is there, you should get into it."

"You can buy a housing finance stock like Indiabulls Housing Finance etc. PC Jeweller is continuing its rally, so out there we could see more action on the upside. The stock gave back half of the rally that it had earlier. Now heading towards previous high of Rs 390-395 shouldn’t be such a problem and as stop or support, Rs 325-330 is a fairly decent support. Going into the festive season, Titan and PC Jeweller could both do well."

"PC Jeweller is a buy with a stop loss of Rs 355 target of Rs 372. Maruti Suzuki is also a buy with a stop loss of Rs 7,900 target of Rs 8,050 and Bata India is a buy with a stop loss of Rs 700, target of Rs 735."

"Reliance Capital is a weak stock, you don’t want to get into weak stocks, you would much rather get into PC Jeweller or Reliance Industries (RIL), those are the couple of stocks which are doing extremely well. Reliance Capital maybe at higher levels and again selling could come back."

Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd

first published: Oct 4, 2017 09:40 am

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