HomeNewsBusinessStocksBuy Rel Cap, Whirlpool, Wockhardt; sell United Breweries: Gujral

Buy Rel Cap, Whirlpool, Wockhardt; sell United Breweries: Gujral

Ashwani Gujral, fund manager at ashwanigujral.com is of the view that one can buy Reliance Capital, Whirlpool and Wockhardt and advises selling United Breweries.

April 11, 2016 / 13:58 IST
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Ashwani Gujral, fund manager at ashwanigujral.com told CNBC-TV18, "Reliance Capital is a buy with a stop loss of Rs 380 for target of Rs 395. Anil Dhirubhai Ambani Group (ADAG) since morning has been on a tear, so those are stocks to look at. Whirlpool is a buy with a stop loss of Rs 735 for target of Rs 780. United Breweries is having a fairly strong down day, so possibly more downside is there. The stock is a sell with a stop loss of Rs 790 for target of Rs 765." "Orchid Pharma is basically dead and beaten up above Rs 43. May be we could get back towards those Rs 65-67 kind of zones, a fresh breakout post a bottoming out. However, I don’t think it is a clearly a bull market stock. As far as other pharma stocks, today isn't really a strong pharma day but possibly Wockhardt after this correction can be bought with a stop loss of around Rs 940 and look for target of Rs 1,020," he said.

first published: Apr 11, 2016 01:58 pm

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