HomeNewsBusinessStocksBuy BPCL, TCS, Reliance Industries: Ashwani Gujral

Buy BPCL, TCS, Reliance Industries: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying Bharat Petroleum Corporation, Tata Consultancy Services and Reliance Industries.

May 12, 2016 / 12:05 IST
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Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Bharat Petroleum Corporation (BPCL) after several days of correction is now coming back. It is a buy with a stop loss of Rs 920, target of Rs 965. Tata Consultancy Services (TCS) is coming out of a sideways type of move, so that is a buy with a stop loss of Rs 2,540, target of Rs 2,620.""Today is a good day for oil, offshore companies, etc. Reliance Industries is almost at its 200-day moving average, so very good risk reward is out here. It is a buy with a stop loss of Rs 975, target of Rs 1,020," he added.Disclosure: Reliance Industries has acquired management control of Network18, which owns TV18 Broadcast and moneycontrol.com."Asian Paints is now a buy on dips type of stock. Chances are over a period of time, you will see it going past Rs 1,000. So, that should be definitely on your list coming out of a one and half years type of consolidation. So, chances are higher levels are ahead for Asian Paints."

first published: May 12, 2016 12:02 pm

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