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Buy Capital First, Century Textiles, HDFC, YES Bank: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying Capital First, Century Textiles, HDFC and YES Bank.

April 20, 2017 / 12:48 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Capital First is a buy with a stop loss of Rs 770 and target of Rs 805. Century Textiles is also a buy with a stop loss of Rs 1,100 and target of Rs 1,165. HDFC is a buy with a stop loss of Rs 1,480 and target of Rs 1,540."

"What has happened on YES Bank is that it has gotten in between the 20 and 50 day moving average now. Any up trending stock that is the zone where buying should be done and you get out as the stock makes a new high. So, basically it has got into that zone. The buying can be done keeping a stop loss about Rs 1,500-1,520 and at some point you should expect that the stock again move back above Rs 1,650 and around Rs 1,700. Play for those sort of targets. You have probably a 40 points risk and 150 points upside from here," he said.

"It is basically NBFC, all kinds. IIFL Holdings, Edelweiss Financial and Capital First. Yesterday, this rally started in the last hour and I think today out and out any sort of NBFC is going to do well. I don’t think Aditya Birla Money has anything special going on for it," he added.

first published: Apr 20, 2017 12:01 pm

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