Moneycontrol PRO
HomeNewsBusinessLike GNFC, Hero MotoCorp may climb to Rs 4050: Prakash Gaba

Like GNFC, Hero MotoCorp may climb to Rs 4050: Prakash Gaba

Prakash Gaba of prakashgaba.com likes GNFC while he feels that Hero MotoCorp may climb to Rs 4050.

September 18, 2017 / 14:43 IST

Prakash Gaba of prakashgaba.com told CNBC-TV18, "I like two stocks. One is Gujarat Narmada Valley Fertilisers & Chemicals (GNFC). It looks good and the way it is trading, looks like it is heading to levels closer to around Rs 345. It may take a day or two for that, but Rs 345 is on the cards, keep stop loss below Rs 325."

"Hero MotorCorp is again in a reactive up move, looks like it can continue. A fresh up move can start here, very good chance it can climb to levels closer to around Rs 4,000-4,050. Again it may take a day or two for that, keep stop loss below Rs 3,900," he said.

At 14:41 hrs Hero Motocorp was quoting at Rs 3,952.50, up Rs 61.25, or 1.57 percent. It has touched an intraday high of Rs 3,957.00 and an intraday low of Rs 3,900.00.

first published: Sep 18, 2017 02:43 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
CloseOutskill Genai