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December 07, 2018 09:18 AM | Market

Ashwani Gujral on December 7: Buy Colgate Palmolive, Bata, Manappuram Finance

The latest analysis and commentary by stock market guru Ashwani Gujral on what is moving the markets today. Check out his top stock recommendations.

He spoke at length about Ceat, United Spirits, IndusInd Bank Maruti Suzuki, Kotak Mahindra Bank, Axis Bank, Edelweiss Capital, Adani Port, VIP Industries, YES Bank, Colgate Palmolive, Bata, and Manappuram Finance.

“Colgate-Palmolive is a buy with a stop of Rs 1,225 target of Rs 1,270. Bata is a buy with a stop of Rs 1,055 target of Rs 1,100 and Manappuram Finance is a buy with a stop of Rs 82 and target of Rs 90.”

"Adani Port is a buy with a stop of Rs 365 target of Rs 380. YES Bank is a sell with a stop of Rs 168 target of Rs 156 and VIP Industries is a buy with a stop of Rs 510 target of Rs 535."

"Kotak Mahindra Bank is a buy with a stop at Rs 1,250 target of Rs 1,320. The target just got met, but if you have a 50-70 point stop this definitely is a buy. Axis Bank is a buy with a stop of Rs 595 target of Rs 620 and Edelweiss Capital is a buy with a stop of Rs 184 target of Rs 208."

“You can get into a Ceat with a stop of Rs 1,240, target of Rs 1,280. United Spirits is a buy with a stop of Rs 638, target of Rs 660. IndusInd Bank is a sell with a stop of Rs 1,590, target of Rs 1,530. Maruti Suzuki is a sell with a stop of Rs 7,250, target of Rs 7,050,” he said.

Follow stock recommendations by Ashwani Gujral here: https://www.cnbctv18.com/author/ashwani-gujral-115/

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
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