Ashwani Gujral of ashwanigujral.com recommends buying TCI, Titan Company, Jindal Saw, Indiabulls Housing Finance and REC.
Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Transport Corporation of India (TCI) is a buy with a stop loss of Rs 198 and target of Rs 214. Titan Company is also a buy with a stop of Rs 450 and target of Rs 475. Jindal Saw is a buy with a stop loss of Rs 72 and target of Rs 84."
"Indiabulls Housing Finance is a buy with a stop loss of Rs 860 and target of Rs 895. Rural Electrification Corporation (REC) is a buy with a stop loss of Rs 151 and target of Rs 164."
"Big metal stocks have already moved, in fact, ïf Hindalco Industries starts moving up again, that would be a buy. However, it has not started moving. Even Vedanta is correcting a little bit now. So, these are stocks that you always have an eye on and whenever the rally restarts we would get in. Hindalco is my preference right now," he said.The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .
First Published on Feb 22, 2017 09:10 am