HomeNewsBusinessStocksBuy Tata Motors DVR, Eicher Motors: Ashwani Gujral

Buy Tata Motors DVR, Eicher Motors: Ashwani Gujral

According to Ashwani Gujral of ashwanigujral.com, one can buy Tata Motors DVR and Eicher Motors.

December 09, 2016 / 10:20 IST
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Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Everything that is kind of global in scope is likely to do much better than domestic stocks. Tata Motors DVR is coming out of a range. It traded in a range of about Rs 280 to about Rs 300. So, chances are that in a good global rally, we could get Rs 340-350 on the stock.""HDFC has probably bottomed out and in a decent market we could get maybe Rs 1,350-1,360 back. That is where resistance starts to come in, Rs 1,350 to about Rs 1,400. Since we expect this to be a pullback rally, I think those levels should be decent targets," he said. "Eicher Motors is an outperformer and chances are it will get to fresh highs even if the market does not. So, that is one of the top calls in the largecap space." "Zee Entertainment I think has bottomed out; Rs 430 is a strong support and chances are we could get back towards Rs 515-520 once we come out of this Rs 460 zone."

first published: Dec 9, 2016 10:05 am

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