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Buy Escorts, ABB, Tata Global, Motherson Sumi: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying Escorts, ABB India, Indiabulls Real Estate, Tata Global Beverage and Motherson Sumi Systems.

March 02, 2017 / 10:33 IST
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Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "You have to be on the long side although post midday we will have to see where the Nifty is. Escorts remains a buy with a stop loss of Rs 450 and target of Rs 475." "ABB India has started moving up again, that is a buy with a stop loss of Rs 1,200 and target of Rs 1,320. Indiabulls Real Estate is a buy with a stop loss of Rs 80 for target of Rs 92," he said. "Tata Global Beverage is a buy with a stop loss of Rs 139 for target of Rs 150. Motherson Sumi Systems is a buy with a stop loss of Rs 355 for target of Rs 382.""I don’t think charts of Jaypee Infratech are saying too much because no large player is in this stock, so if things are getting resolved or if their debt issues are getting resolved only then there will be those 8-10 percent move which are impossible to forecast or trade. So, people should keep away. I don’t think these are great investments or trading stocks."

first published: Mar 2, 2017 09:36 am

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