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Buy ITC, Can Fin Homes, Bank of Baroda; avoid TD Power: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com suggests buying ITC, Can Fin Homes and Bank of Baroda and feels that one can avoid TD Power.

June 30, 2017 / 13:49 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "ITC is a buy with a stop loss of Rs 312 and target of Rs 326. Can Fin Homes is a buy with a stop loss of Rs 3,170 and target of Rs 3,250. Bank of Baroda is a buy with a stop loss of Rs 154 and target of Rs 168."

"Given that TD Power has come off from Rs 400 to Rs 200, possibly it has less risk than it had at Rs 400. However, you don’t call these stocks bull market stocks. So possibly best avoided."

"On declines I would at least buy Repco Home Finance and ICICI Prudential. SREI Infrastructure has also been in a strong uptrend. So, in the NBFC category I think that should also see action. However, basically ICICI Prudential and Repco Home are the two stocks that I would look at."

first published: Jun 30, 2017 01:04 pm

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