HomeNewsBusinessStocksBuy BEL, Pidilite, Asian Paints, Granules India: Rakesh Bansal

Buy BEL, Pidilite, Asian Paints, Granules India: Rakesh Bansal

Rakesh Bansal of RK Global recommends buying Bharat Electronics, Pidilite Industries, Asian Paints, Granules India and IDFC.

July 04, 2016 / 13:40 IST
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Rakesh Bansal of RK Global told CNBC-TV18, "My first call is a buy on Bharat Electronics (BEL). The stock is moving in an excellent consolidation. It has made a good base at Rs 1,245 levels. Buy BEL with a stop loss at Rs 1,245 for target of Rs 1,340." "My second call is a buy on Pidilite Industries. In today’s session, we have seen a positive crossover on the momentum indicators. It is a buy with a stop loss at Rs 709 for a target price of Rs 747," he said."My third call is a buy on Asian Paints. With trading perspective, one can buy the stock with a stop loss at Rs 995, target Rs 1,040.""Amongst the pharmaceutical stocks, Granules India is on a re-rating. From a trading perspective, one can buy the stock with a stop loss at Rs 135.50 for target price of Rs 150." "Last stock is a buy on IDFC. In today’s trading session, we have seen a breakout, it is a buy with a stop loss of Rs 47.20 for a target price of Rs 52.80," he added.

first published: Jul 4, 2016 01:40 pm

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