HomeNewsBusinessStocksBuy Ramco Cement, Edelweiss Financial: Ashwani Gujral

Buy Ramco Cement, Edelweiss Financial: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one may buy Ramco Cement, Edelweiss Financial and Sun Pharmaceutical.

June 07, 2016 / 13:20 IST
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Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Ramco Cement is a buy with a stoploss of Rs 525 and target of Rs 550."He further added, "Sun Pharmaceutical, chances are it has bottomed out, that is a big call, but it has hit Rs 700 which was the low at 6,900 today and it has bounced back, reversed fairly sharply. So, that is a buy with a stoploss at Rs 725 and target of Rs 760.""Edelweiss Financial Services is a buy with a stoploss of Rs 69 and target of Rs 80.""ICICI Bank has just crossed 200-day moving average. Now, we should expect levels of Rs 315-320 over a period of time. But definitely, that has given it strength and both SBI and ICICI should participate more in the days to come on the bank Nifty. These were two stocks which were holding bank Nifty back a bit. So, if these guys also participate, that will be good for the market as well as the Bank Nifty," he said.

first published: Jun 7, 2016 01:20 pm

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