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Buy Intellect Design, Tata Global, Can Fin Home: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com suggests buying Intellect Design Arena, Tata Global and Can Fin Home.

March 02, 2017 / 15:51 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Intellect Design Arena after a strong beating is coming back fairly strongly. So, it is a buy with a stop loss of Rs 116, target of Rs 128. Tata Global is also a buy with a stop loss of Rs 140, target of Rs 152. Can Fin Home is one of the NBFCs, which is doing well. That is a buy with a stop loss of Rs 1,960, target of Rs 2,000.""Something like Bharat Financial Inclusion which has come below its 20-day moving average (DMA) is a buy. This is the non-banking financial companies (NBFC) bull market. So anytime they correct below that 20-day moving averages, you should be buying them. Some stocks are doing better than others. Sideways markets and stocks will correct, some stocks will go up. Today banks are going up, NBFCs are correcting, so all of these stocks should be bought on declines, there is no question about it," he said."United Spirits seems to have bottomed out at Rs 1,800 type of zones. So any sort of decline now should probably lead to buying. Again sideways market, big run, just a bit of correction. So on declines, it remains a buy.

first published: Mar 1, 2017 02:36 pm

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