Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessBuy Godrej Consumer, Bata India; sell Adani Ports: Ashwani Gujral

    Buy Godrej Consumer, Bata India; sell Adani Ports: Ashwani Gujral

    Ashwani Gujral of ashwanigujral.com recommends buying Godrej Consumer and Bata India and sell Adani Ports.

    August 03, 2017 / 14:57 IST

    Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Godrej Consumer has bottomed out. People who are long term, medium term, etc. can get into. That is a buy with a stop loss of Rs 935 and target of Rs 980. Adani Ports is a sell with a stop loss of Rs 407 and target of Rs 390."

    "Bata India is a buy with a stop loss of Rs 608 and target of Rs 635. Out there we are seeing follow through. So the idea remains that even in a sideways style market, you will have individual stocks which will go up and down. However, clearly on the financials it appears we should have some downside before the uptrend resumes," he said.

    Watch video for more...

    first published: Aug 3, 2017 02:56 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347