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Buy Punjab National Bank, Indraprastha Gas, BPCL: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com suggests buying Punjab National Bank, Indraprastha Gas and BPCL.

October 30, 2017 / 12:11 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Today will remain somewhat of a PSU bank day although they have cooled off a little bit. But that is where momentum was seen early morning. So, that way also oil and gas stocks are doing very well. We have calls from all three sectors."

"Punjab National Bank (PNB) is a buy with a stop loss of Rs 200 for target of Rs 221. Indraprastha Gas (IGL) is a buy with a stop loss of Rs 1,590 target of Rs 1,650 and BPCL is a buy with a stop loss of Rs 545 target of Rs 570."

"Adani Enterprises basically it is a range bound stock, it moves sharply, but it never really goes to new ground. So, it is a buy around Rs 110 and possibly around Rs 145-150 it gets into some amount of headwinds and that is where you take profits off," he added.

first published: Oct 30, 2017 12:06 pm

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