Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "HDFC is a buy with a stop loss of Rs 1,740, target of Rs 1,800. Hindalco Industries is a buy with a stop loss of Rs 232, target of Rs 246. Reliance Industries has now corrected to its 50-day moving average. So that is a buy with a stop loss of Rs 1,540, target of Rs 1,600."
"Container Corporation (Concor) has been fairly strong. It did not go below Rs 1,250. So chances are the PSU momentum continues. Next target here could be easily Rs 1,420-1,450."
Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd
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!
