Moneycontrol
Get App
Last Updated : Mar 09, 2017 01:25 PM IST | Source: CNBC-TV18

Buy Polaris, J Kumar Infra, Maruti Suzuki: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying Polaris Consulting, J Kumar Infraprojects and Maruti Suzuki.

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Maruti Suzuki in last couple of weeks has corrected to its 50-day moving average. So, this is a point where the positional trader comes in. He puts a stop loss around say Rs 5,900. You can easily have a re-test of Rs 6,200- 6,250 and maybe even beyond. So, right now your downside is may be Rs 100 but upside could be Rs 400."

"Polaris Consulting is a buy with a stop loss of Rs 182 for target of Rs 196. J Kumar Infraprojects is also a buy with a stop loss of Rs 248 for target of Rs 264. Maruti Suzuki is a buy with a stop loss of Rs 5,900 for target of Rs 6,050," he said.

Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.
First Published on Mar 9, 2017 01:25 pm
Sections
Follow us on