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

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

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

Ashwani Gujral of 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.

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First Published on Mar 9, 2017 01:25 pm
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