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Last Updated : Sep 18, 2017 02:41 PM IST | Source: CNBC-TV18

Buy Sun TV Network, Kotak Mahindra Bank, Yes Bank: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com advises buying Sun TV Network, Kotak Mahindra Bank and Yes Bank.

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Sun TV is now restarting its rally. This is a buy with a stop loss of Rs 834 and target of Rs 900. Kotak Mahindra Bank is again coming off a correction. This is a buy with a stop loss of Rs 1,000 and target of Rs 1,065.  Yes Bank is also moving on. This is a buy with a stop loss of Rs 1,850 and target of Rs 1,910."

"As far as Graphite India is concerned, I think all kind of smelters, mineral processing, etc. have a strong macro tailwind. These plants are not easy to establish. From what I understand, these plants are being moved out of Beijing and they have been asked to put it up somewhere else. So, like in the chemical industry, this is going to be a bull run which will sustain."

"So, probably still a good time, but obviously you have to put some sort of risk management in place, but there is a macro story which is backing it."

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"Indiabulls Real Estate has been in a very strong uptrend. Today I don’t know what the issue is, but overall real estate looks positive. If you see Godrej Properties or Sobha, all of them are moving up and given that these stocks are not doing so poorly, these sort of decline sometimes are good opportunities to buy. There is no reason to sell into or go short on Indiabulls Real Estate," he added.
First Published on Sep 18, 2017 02:39 pm
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