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Last Updated : Apr 06, 2017 02:43 PM IST | Source: CNBC-TV18

Buy BEML, IndusInd Bank, Hindustan Unilever: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying BEML, IndusInd Bank and Hindustan Unilever.

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "BEML is a buy with a stop loss of Rs 1,390 and target of Rs 1,440. IndusInd Bank is also a buy with a stop loss of Rs 1,400 and target of Rs 1,465." 

"Hindustan Unilever (HUL) is a buy with a stop loss of Rs 920 and target of Rs 965." 

"It is a small rally from say about Rs 170-180 to about Rs 240 on TD Power. Nothing significant. What has not done anything for the last many years, is now moving up is midcap real estate. Sobha after going down in the morning has again recovered. Each time market goes up, realty index goes up 2-3 percent. So, look at midcap real estate because that is where the big opportunity is, nobody has them, they are triggers. So, chances are that you will do extremely well if you have those cash midcap realty stocks." 

"I am not a big fan of brokerage upgrade or downgrade. I think there is an uptrend and probably that uptrend may just continue. If you keep a stop loss closer to Rs 500, chances are the rally that just took place could have more legs on the upside."

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First Published on Apr 6, 2017 02:42 pm
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