HomeNewsBusinessStocksBuy Tata Steel, EID Parry, UPL: Ashwani Gujral

Buy Tata Steel, EID Parry, UPL: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying Tata Steel, EID Parry and UPL.

March 31, 2016 / 09:41 IST
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Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Metals and financials have done well in this rally. So, they continue to be buy on dips. Tata Steel is a buy with a stop loss of Rs 319 and look for targets of Rs 335." "Sugar continues to fly, so anybody who has not gotten into sugar, short-term trader, etc should do that because each correction is getting bought. The corrections are fairly shallow. EID Parry is some sort of leader in that group. So, that is a buy with a stop loss of Rs 210 and look for targets of Rs 227," he said. "UPL is coming out of a huge bear market and I say it is coming out because it closed above its 200-day moving average yesterday. It used to be a very fancied stock and probably is looking to get some mojo back. This is a buy with a stop loss of Rs 468 and look for targets of Rs 486."

first published: Mar 31, 2016 09:41 am

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