HomeNewsBusinessStocksBuy Axis Bank, Castrol India, Jet Airways: Rakesh Bansal

Buy Axis Bank, Castrol India, Jet Airways: Rakesh Bansal

According to Rakesh Bansal of RK Global, one can buy Axis Bank, Castrol India and Jet Airways.

May 09, 2016 / 13:51 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Rakesh Bansal of RK Global told CNBC-TV18, "My first call is a buy on Axis Bank. On a daily chart, the stock is making a rounding bottom formation which is technically considered bullish. Axis Bank is a strong buy among the private banking space with a stop loss at Rs 458.40 for an immediate target price of Rs 484.""Second buy call is on Castrol India. Worst is over for the stock; it is on re-rating. In short-term Castrol is a good momentum buy with a stop loss at Rs 405 for a target price of Rs 445," he said."My last call is a buy on Jet Airways. We are seeing a good price volume breakout into today session; the stock has made a good base at around Rs 620 levels. Buy Jet Airways with a stop loss at Rs 620 for target of Rs 662."

first published: May 9, 2016 01:51 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!