HomeNewsBusinessStocksBuy JSW Steel, Aurobindo Pharma; sell Jain Irrigation: Gujral

Buy JSW Steel, Aurobindo Pharma; sell Jain Irrigation: Gujral

Ashwani Gujral of ashwanigujral.com recommends buying JSW Steel, UPL, Aurobindo Pharma and advises selling Jain Irrigation Systems.

May 31, 2016 / 14:42 IST
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Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "JSW Steel is a buy with stop loss of Rs 1,375, target of Rs 1,430. UPL is a buy with a stop loss of Rs 598 and target of Rs 625. Jain Irrigation is a sell with a stop loss of Rs 68 for target of Rs 60.""At some point we should cross Rs 310 on Tata Motors DVR and then move towards Rs 355-360. Similarly, Tata Motors probably is heading towards Rs 500 may be today is not a good day to buy but definitely buy on dips," he said. "If you are a long-term investor, Sun Pharmaceutical Industries is in trouble today. It wasn’t in trouble at Rs 1,200, so the long-term trader can buy it here and then wait for things to work out. For the short run, definitely Aurobindo Pharma is a stronger stock and that is something people should buy." "Titan Company has been a between this Rs 300 and 400 band forever. I don’t think it is really breaking out. The way Jubilant Foodworks has moved, it is probably a de-rating of sorts. So, on all rallies I think exit or sell into Jubilant Food.""Metals are doing extremely well, so Tata Steel is a buy with a stop loss of Rs 324 and target of Rs 345. Aurobindo Pharma is a buy with a stop loss of Rs 780 and target of Rs 815 and Ashok Leyland is a buy with a stop loss of Rs 103 and target of Rs 117."

first published: May 31, 2016 02:32 pm

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