HomeNewsBusinessStocksBuy SKS Micro, M&M Financial, Supreme Petrochem: Ashwani Gujral

Buy SKS Micro, M&M Financial, Supreme Petrochem: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that oen may buy SKS Micro, M&M Financial and Supreme Petrochem.

June 09, 2016 / 12:23 IST
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Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "SKS Microfinance had one down day and yesterday though we were closer again, the non-banking financial services (NBFCs) started moving higher. So this is a buy with a stoploss of Rs 680, target of Rs 705. Now this is an intraday trade, so it is not a great buying zone for a positional trader but intraday, it showed momentum and it could do well today."He further added, "In Mahindra & Mahindra Financial Services there are couple of down days again, strong move yesterday evening, so that is a buy with a stoploss of Rs 334 and target of Rs 352.""Supreme Petrochem has been continuously moving higher. This is one of those midcap stocks probably up 40-50 percent, again fresh breakout yesterday. So this is a buy with a stop of Rs 178, target of Rs 190," he said.

first published: Jun 9, 2016 09:15 am

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