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Buy Reliance Industries, Maruti Suzuki, Voltas, Infosys, L&T Finance Holdings, United Spirits: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Maruti Suzuki, Voltas, Infosys, L&T Finance Holdings and United Spirits.

November 16, 2017 / 02:49 PM IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "L&T Finance Holdings is a buy with a stop loss of Rs 180 and target of Rs 195."

"United Spirits is a buy with a stop loss of Rs 3,050 and target of Rs 3,200. Maruti Suzuki is a buy with a stop loss of Rs 8,150 and target of Rs 8,400."

"Reliance Industries is a buy with a stop loss of Rs 890 for target of Rs 930. This is a fairly decent 5-7 percent correction on RIL, people should buy. Those who want to hold it for long term."

"Voltas is a buy with a stop loss of Rs 600 for target of Rs 635. Infosys is a buy with a stop loss of Rs 970 and target of Rs 1,010."

"GAIL India is not my favourite gas stock, I think Petronet LNG, Indraprastha Gas, Mahanagar Gas etc. outperform GAIL in that regard. Overall gas seems to be doing well."

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"There is lot of volatility in Shriram Transport Finance, so not the best stock to trade. However, since it is in some sort of an uptrend, I think these are levels where you can buy with a stop loss say around Rs 1,150. Maybe Rs 1,500 is a decent target," he said.

Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd
CNBC-TV18
first published: Nov 16, 2017 02:48 pm
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