HomeNewsBusinessStocksBuy Cadila Health, Tata Chemicals, Prakash Ind: Gujral

Buy Cadila Health, Tata Chemicals, Prakash Ind: Gujral

Ashwani Gujral of ashwanigujral.com recommends buying Cadila Healthcare, Tata Chemicals and Prakash Industries.

May 10, 2016 / 13:59 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Basically, today it remains a buy on dip consolidation style market. So, really individual stocks are likely to do much better than index. However, on the index also you should try to buy the dip because at some point the rally will continue. What today has shown is that this may not be a go-go type of rally, you may have several such days and then a big up day and then several such days again. So, slow rally is what is expected now.""Cadila Healthcare is a buy with a stop loss of Rs 330, target of Rs 356. Breakaway gap is here and chances of continuation are extremely high,' he said."Tata Chemicals is a buy with a stop loss of Rs 410, target of Rs 435. All kinds of fertiliser stocks are doing well. So, chances are this one should also do that.""Prakash Industries post a correction is again showing upside. So, that is a buy with a stop loss of Rs 39 and look for targets of Rs 47."

first published: May 10, 2016 01:59 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!