HomeNewsBusinessStocksBuy Ceat, Voltas, Century Textiles, TVS Motor: Ashwani Gujral

Buy Ceat, Voltas, Century Textiles, TVS Motor: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com suggests buying Ceat, Voltas, Century Textiles, TVS Motor and Bharat Financial Inclusion.

October 03, 2016 / 10:01 IST
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Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "The simple strategy today is that anything that made fresh highs on Friday means it is much stronger than the market. A lot of stocks which are erstwhile movers and on that bad day did not correct a whole lot made new highs on Friday. So, Ceat is one of them. It is a buy with a stoploss of Rs 1,300, look for target of Rs 1,420."He further added, "Century Textiles is a buy with a stoploss of Rs 920, target of Rs 975. TVS Motor is a buy with a stoploss of Rs 360, target of Rs 385.""Bharat Financial Inclusion took out the entire red bar from the other day. This is a buy with a stoploss of Rs 860, target of Rs 915. And Voltas is a buy with a stoploss of Rs 374, target of Rs 392.""Now keep this is mind, these are intraday calls and from a longer-term perspective, the risk-reward may not be favourable, particularly in things like Ceat or Century Textiles which have already been running for quite a while," he said.

first published: Oct 3, 2016 10:01 am

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