HomeNewsBusinessStocksBuy Tata Steel, NBCC, PC Jeweller: Ashwani Gujral

Buy Tata Steel, NBCC, PC Jeweller: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying Tata Steel, NBCC and PC Jeweller.

January 16, 2017 / 15:00 IST
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Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Metals look strong, so Tata Steel is a buy with a stop loss of Rs 448 for target of Rs 470. NBCC is also a buy with a stop loss of Rs 274 for target of Rs 292. PC Jeweller is a buy with a stop loss of Rs 395 for target of Rs 420.""The problem in BEML is that risk reward is totally out of wack. Last five sessions from Rs 1,000 to Rs 1,240 has been very heady, so if we get some sort of pullback towards Rs 1,100 which was a previous intermediate high, those will be good levels to buy into it. Right now it is probably red hot and you could get stuck at higher levels," he siad.

first published: Jan 16, 2017 12:58 pm

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