Moneycontrol PRO
HomeNewsBusinessBuy GSFC, NTPC; sell Central Bank, Tata Motors DVR, Manappuram Finance: Ashwani Gujral

Buy GSFC, NTPC; sell Central Bank, Tata Motors DVR, Manappuram Finance: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can buy GSFC and NTPC and can sell Central Bank of India, Tata Motors DVR and Manappuram Finance.

August 18, 2017 / 09:15 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Some stocks do tend to go up and midcaps will also restart their downside. GSFC tends to outperform in market declines; not really related to global cues, etc. So GSFC is a buy with a stop loss of Rs 132 and target of Rs 147. NTPC is also a buy with a stop loss of Rs 173 and target of Rs 187."

"Central Bank of India is a sell with a stop loss of Rs 76 and target of Rs 64. Tata Motors DVR is also a sell with a stop loss of Rs 232 and target of Rs 218. Manappuram Finance is a sell with a stop loss of Rs 91 and target of Rs 80," he added.

first published: Aug 18, 2017 09:08 am

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