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Buy M&M Financial, Reliance Infra, Dish TV: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can buy M&M Financial Services, Reliance Infra and Dish TV and feels that one can buy Bata India on declines.

April 25, 2016 / 11:25 IST
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Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "M&M Financial Services is a big call, it is a buy with a stop loss of Rs 270, look for targets of Rs 285. HDFC is a sell with a stop loss of Rs 1,140 for target of Rs 1,080. Reliance Infra is a buy with a stop loss of Rs 556 for target of Rs 575. Dish TV is a buy with a stop loss of Rs 86 for target of Rs 98.""In Amtek Auto, Rs 50-52 is a strong previous resistance and that is a place where it went last time but overall these stocks are risky and can fall 5-10 percent in a matter of minutes. So I don’t think it is a great long-term buy now given the way Motherson Sumi is acting. So if you have gott in at Rs 28-29, right now is a good time to take profits," he said."Reliance Infra has started some sort of an upmove, so there we are reiterating a buy. Bata India on declines can be bought. We could see Rs 575-580."

first published: Apr 25, 2016 11:24 am

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