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Buy Coromandel Intl, Ashok Leyland, IGL, Edelweiss, Jubilant Food: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying Coromandel International, Ashok Leyland, IGL, Edelweiss Financial Services and Jubilant Foodworks.

October 11, 2017 / 11:12 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Fertiliser did extremely well yesterday. So, Coromandel International is a buy with a stop loss of Rs 470 for target of Rs 495."

"Ashok Leyland has restarted its rally, that is a buy with a stop loss of Rs 121, target of Rs 134. Gas stocks did extremely well – IGL is a buy with a stop loss of Rs 1,470, target of Rs 1,520."

"Broker-dealers moved up strongly. Edelweiss Financial Services is a buy with a stop loss of Rs 270, target of Rs 285. Jubilant Foodworks towards the close moved up sharply from the lows, that is a buy with a stop loss of Rs 1,500, target of Rs 1,620," he said.

"Edelweiss Financial Services is a buy with a stop loss of Rs 270, target of Rs 285. Mahanagar GasIndraprastha Gas - all kinds of gas stocks are going to make new highs. Gas is a new sector, this is a kind of sector which will make fresh highs and which will create wealth not pharma and IT."

"Motherson Sumi Systems is a buy with a stop loss of Rs 350, target of Rs 365. Voltas is a buy with a stop loss of Rs 530, target of Rs 552. Tata Chemicals is a buy with a stop loss of Rs 690, target of Rs 720."

"I would think Tata Chemicals is in a fresh zone, so probably Rs 800-850 is possible," he added.

first published: Oct 11, 2017 10:43 am

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