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Buy IOC, Balrampur Chini, Dewan Housing; sell Tata Motors, DLF: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can buy Indian Oil Corporation, Balrampur Chini and Dewan Housing Finance and sell Tata Motors and DLF.

August 29, 2017 / 11:13 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Indian Oil Corporation (IOC) is a buy with a stop loss of Rs 435, target of Rs 460. Balrampur Chini is a buy with a stop loss of Rs 169, target of Rs 183. Dewan Housing Finance is also a buy with a stop loss of Rs 485, target of Rs 510."

"Tata Motors is a sell with a stop loss of Rs 385, target of Rs 368. DLF is a sell with a stop loss of Rs 185 for target of Rs 170," he said.

"Reliance Infra, Larsen and Toubro (L&T) and even Reliance Capital are showing signs of life. So try to buy into stocks which is green right now."

"Tata Global Beverage is a buy with a stop loss of Rs 192, target of Rs 206. India Cements is a sell with a stop loss of Rs 180, target of Rs 166 and Motherson Sumi is also a sell with a stop loss of Rs 312, target of Rs 297."

first published: Aug 29, 2017 09:41 am

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