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Last Updated : Apr 20, 2017 09:45 AM IST | Source: CNBC-TV18

Buy Edelweiss Financial, Anant Raj Industries, Muthoot Finance, IIFL Holdings, Gujarat State Petronet: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying Edelweiss Financial, Anant Raj Industries, Muthoot Finance, IIFL Holdings and Gujarat State Petronet.

Ashwani Gujral of ashwanigujral.com told CNBC-Tv18, "Midcaps is where the action is. NBFCs are doing much better than the Bank Nifty So, the idea should be to keep buying the NBFCs on all small declines and that will work intraday for a swing trader, for a positional trader because that is where the strong trend is there. Edelweiss Financial is starting out a fresh uptrend. That is a buy with a stop loss of Rs 173 and target of Rs 186."

"Real estate has a large rally. Anant Raj Industries went up more than 1 percent yesterday. So, that is a buy with a stop loss of Rs 57 and target of Rs 65," he said.

"Muthoot Finance is a buy with a stop loss of Rs 400 and target of Rs 425. IIFL Holdings is also a buy with a stop loss of Rs 450 and target of Rs 475."

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"Gujarat State Petronet (GSPL) is a buy with a stop loss of Rs 176 and target of Rs 190."

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First Published on Apr 20, 2017 09:44 am
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