Buy Motilal Oswal, Uflex; Sun TV should move towards Rs 940: Ashwani Gujral

Name: Buy Motilal Oswal, Uflex; Sun TV should move towards Rs 940: Ashwani Gujral
Uploaded: 2017-09-15T15:05:17+05:30
Description: Ashwani Gujral of ashwanigujral.com is of the view that one can buy Motilal Oswal and Uflex and feels that Sun TV should move towards Rs 940.

Ashwani Gujral of ashwanigujral.com is of the view that one can buy Motilal Oswal and Uflex and feels that Sun TV should move towards Rs 940.

September 15, 2017 / 15:10 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Wealth managers, broker dealers are again doing well. So, Motilal Oswal Financial Services is a buy with a stop loss of Rs 1,280 and target of Rs 1,350. Uflex is a buy with a stop loss of Rs 445 and target of Rs 470. PVR is a buy with a stop loss of Rs 1,320 and target of Rs 1,385."

"Sun TV Network is coming out of a large correction and this mild bit of bad news is only kind of testing the trend. My sense is that this news will get finally absorbed and stock should move back towards Rs 900-940."

"I think it is holding on despite bad news and that is the good news. Overall, keep a stop loss say around Rs 770 or thereabouts and I think it still has more room on the upside," he added.

first published: Sep 15, 2017 03:05 pm

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