Moneycontrol
Last Updated : Jun 13, 2017 04:29 PM IST | Source: CNBC-TV18

Buy Max Financial, Raymond, Pidilite Industries: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com suggests buying Max Financial Services, Raymond and Pidilite Industries.

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "NBFCs have done extremely well today. So, Max Financial Services which has been going through a strong correction, that is a buy with a stoploss of Rs 590 and target of Rs 620. Pidilite Industries is a buy with a stoploss of Rs 818 and target of Rs 840."

He further added, "Raymond is a buy with a stoploss of Rs 735 and target of Rs 760."

"Multi Commodity Exchange of India (MCX) bottomed out around levels of Rs 950 thereabouts. However, this is still kind of a pullback rally and a pullback rally which can easily gain another Rs 100 towards Rs 1,150-1,170. Overall I don’t think the stock really is in any kind of strong uptrend. It is an upswing which is happening because of the strong downside we saw from Rs 1,250 down to Rs 950," he said.
First Published on Jun 13, 2017 01:33 pm
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