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    HomeNewsBusinessBuy Bharat Forge, Max Financial, Tata Chemicals: Ashwani Gujral

    Buy Bharat Forge, Max Financial, Tata Chemicals: Ashwani Gujral

    Ashwani Gujral of ashwanigujral.com recommends buying Bharat Forge, Max Financial and Tata Chemicals.

    September 19, 2017 / 14:50 IST

    Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Several stocks are making moves into fresh ground. So, Max Financial is a buy with a stop loss of Rs 640 and target of Rs 675. Tata Chemicals is also a buy with a stop loss of Rs 650 and target of Rs 685. Bharat Forge is a buy with a stop loss of Rs 1,250 and target of Rs 1,290."

    "Axis Bank has tried to breakout several times, but apparently it still remains at this Rs 490 to Rs 535-540 zone. So, I don’t think anything fresh is happening. Basically, the corporate lenders are going through a fresh bout of selling."

    "State Bank of India (SBI) is moving lower, ICICI Bank is breaking Rs 290. Even Axis Bank is coming into that kind of sell-off. The only bank which looks strong is Yes Bank, IndusInd Bank, Kotak Mahindra Bank, and maybe even HDFC Bank," he added.

    first published: Sep 19, 2017 02:45 pm

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