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Buy Balaji Telefilms on dips, says Ashwani Gujral

Ashwani Gujral of ashwanigujral.com suggests buying Balaji Telefilms on dips.

June 13, 2017 / 11:59 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Tech Mahindra is a sell with a stoploss of Rs 400, and target of Rs 372."

He further added, "Adani Enterprises is a buy with a stoploss of Rs 130 and target of Rs 142. DCB Bank is a buy with a stoploss of Rs 204, and target of Rs 220."

"Balaji Telefilms went through a large bear market and now it appears it is in a markup phase. So, definitely above Rs 150 we should expect possibly a fresh rally towards Rs 215-220. However, try to buy on declines; buying something which is 10 percent higher is not the right idea," he said.

first published: Jun 13, 2017 10:45 am

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