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Last Updated : May 25, 2016 11:20 AM IST | Source: CNBC-TV18

Buy IndusInd Bank, Havells India, Axis Bank: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying IndusInd Bank, Havells India and Axis Bank.


Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Private banks are doing extremely well, so that is still a space that people should get into. IndusInd Bank is a buy with stop loss of Rs 1,050 and target of Rs 1,100."

"Havells India is a buy with a stop loss of Rs 365 and target of Rs 392," he said.

"Axis Bank is a buy with a stop loss of Rs 490 and target of Rs 520."

"Cipla has fallen a lot, sure it can fall some more but today given that the primary trend of the market is restarting on the upside, I don’t think it is a great day to sell anything."

"Meanwhile, Tech Mahindra has completed its huge correction and today is the day when the stock bottoms out and probably goes much higher from here."

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First Published on May 25, 2016 11:20 am
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