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Buy United Spirits, BEML, Ashok Leyland: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying United Spirits, BEML and Ashok Leyland.

May 31, 2017 / 11:52 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "United Spirits is a buy with a stop loss of Rs 2,200 and target of Rs 2,350. It is a trend day on United Spirits and BEML."

"BEML is a buy with a stop loss of Rs 1,240 and target of Rs 1,310. Ashok Leyland is a buy with a stop loss of Rs 92 and target Rs 104."

"Today Sun TV, PVR, etc. - the media group is also now beginning to move up. So, that is another thing that people can look at," he added.

"Most of the midcaps took a huge beating and obviously where results are positive I think stocks can turnaround fairly sharply. However, IRB Infrastructure, is like a 2 percent mover; if I have to choose, I will probably choose United Spirits. However, IRB can be bought with a stop loss say around Rs 215 and I would think at some point it will get to Rs 245-250."

first published: May 31, 2017 11:41 am

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