HomeNewsBusinessStocksBuy Tech Mahindra, Tata Motors DVR, Hero MotoCorp: Gujral

Buy Tech Mahindra, Tata Motors DVR, Hero MotoCorp: Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can buy Tech Mahindra, Tata Motors DVR and Hero MotoCorp.

May 30, 2016 / 14:20 IST
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Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "IT Index is doing extremely well. Tech Mahindra had bottomed out. So, that is a buy with a stop loss of Rs 550, target of Rs 575. Tata Motors DVR is a buy with a stop loss of Rs 272, target of Rs 290. Hero MotoCorp is a buy with a stop loss of Rs 2,980, target of Rs 3,120.""Basically, still going with the monsoon theme today Bajaj Auto and Hero MotoCorp are doing well. So, cement probably is also some sort of monsoon play and an economy play. So, everything that the economy is facing is likely to do well. Stocks which are at new highs should be on the list of investors and traders. So, all declines out there should be bought. Today private banks are having an off day. So, today probably is a good idea to get into those stocks," he said."Crompton Greaves hasn't really traded enough to have a proper chart. But in case we get past Rs 65 then possibly you could have levels all the way up to Rs 88-90."

first published: May 30, 2016 02:20 pm

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