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Last Updated : Jan 08, 2018 12:43 PM IST | Source: CNBC-TV18

Buy Titan Company, Bharat Forge, Mindtree: Ashwani Gujral

Ashwani Gujral of recommends buying Titan Company, Bharat Forge and Mindtree.

CNBC TV18 @moneycontrolcom

Ashwani Gujral of told CNBC-TV18, "Titan Company is a buy with a stop loss of Rs 915 and target of Rs 950. Bharat Forge is a buy with a stop loss of Rs 740 and target of Rs 765. Mindtree is a buy with a stop loss of Rs 620 and target of Rs 645."

"MCX India is hanging around recent supports of about Rs 900. So maybe keeping an Rs 900 type of stop loss you could expect a rally back towards the 200 day which is Rs 1,060."

"Bharat Electronics (BEL), PTC India are all Budget type stocks. So chances are that the defence stocks will pick up going into the Budget. Nothing significant on BEL."

"PTC, maybe looks a bit better than BEL although a lot of PSUs will go up in anticipation. So I think Rs 110 is a fairly decent stop loss and maybe you can look at Rs 130-135," he said.

"Bombay Burmah Trading is a buy with a stop loss of Rs 1,650 and target of Rs 1,710. Manappuram Finance is a buy with a stop loss of Rs 120 and target of Rs 134. Kotak Mahindra Bank is a buy with a stop of Rs 995 and target of Rs 1,040. "
First Published on Jan 8, 2018 12:04 pm
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