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Last Updated : Nov 10, 2017 11:19 AM IST | Source: CNBC-TV18

Buy Sobha, Interglobe Aviation, Jaiprakash Associates, Bajaj Auto: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com suggests buying Sobha, Interglobe Aviation, Jaiprakash Associates and Bajaj Auto.

Ashwani Gujral of ashwanigujral.com  told CNBC-TV18, "Sobha is up almost 10 percent post a correction, so chances are this one is now heading towards Rs 550-560. It is still a good time to get into. So, that is just something which is fresh of the oven."

"Interglobe Aviation is a buy with a stop loss of Rs 1,190 and target of Rs 1,250. Jaiprakash Associates is a buy with a stop loss of Rs 17 for target of Rs 19.50."

"Bajaj Auto is a buy with a stop loss of Rs 3,190 for target of Rs 3,260. In fact all kinds of midcap realty particularly Bangalore based are now moving up."

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"Basically, all kinds of consumption stocks are moving up and Vadilal Industries is also coming off its 200-day moving average and a correction. So I think it should get back towards recent highs of about Rs 1,160-1,200. However, for the day the sector move seems to be in midcap realty," he said.

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First Published on Nov 10, 2017 11:19 am
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