Buy Reliance Industries, Adani Enterprises; Mahanagar Gas may hit Rs 1150: Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Escorts was a breakout yesterday, but came off because of the market. That is one that you can look at for the day. Reliance Industries is a buy with a stop loss of Rs 1,500 and target of Rs 1,545. Adani Enterprises is a buy with a stop loss of Rs 134 and target of Rs 146."

"ICICI Prudential is a buy with a stop loss of Rs 487 and target of Rs 515," he added.

"Gas stocks - yesterday IGL moved up, today it is Mahanagar Gas. These stocks are basically in a bull market. Possibly next target on MGL is closer to Rs 1,100-1,150."

"Sintex Industries is a small stock, but easily Rs 34-35 is possible. Generally speaking all of these PSUs, BEML, BEL, etc. have been moving up. So, above Rs 104, I think levels of Rs 125-130 over a period of time look possible in PTC India. However, today I think you will get more traction on the downside."

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