The latest analysis and commentary by stock market guru Ashwani Gujral on what is moving the markets today.
He also spoke at length on GSFC, Reliance Infrastructure, Ashok Leyland, Page Industries, Tata Consultancy Services (TCS), HPCL, HDFC, Hindalco, Ceat, Indiabulls Housing Finance, Tech Mahindra, Godrej Properties, Page Industries, UPL, Dredging Corporation of India, Vedanta, and Dewan Housing Finance Corporation (DHFL).
Speaking about stock picks, Ashwani Gujral said, "Vedanta is a sell with a stop of Rs 210 target of Rs 196. DHFL is a sell with a stop of Rs 231 target of Rs 215 and Dredging Corporation of India you can buy with a stop of Rs 375 target of Rs 400."
“Avenue Supermarts is starting out a fresh rally, it had a strong move from Rs 1,100 to 1,500 and now it has quickly started reversing after a small decline. So, that is a buy with a stop of Rs 1,400 target of Rs 1,465. Metals are down about 2 percent so more weakness ahead here. Hindalco is a sell with a stop of Rs 227 target of Rs 214. JSPL is a sell with a stop of Rs 180 target of Rs 165.”
“Page Industries is a buy with a stop of Rs 27,300 look for targets of Rs 28,000. Godrej Properties is a buy with a stop of Rs 630 target of Rs 652 and UPL is a sell with a stop of Rs 770 target of Rs 740.”
"Ceat is a buy with a stop of Rs 1,250 target of Rs 1,300. Indiabulls Housing Finance is a buy for me. The reason is that it has had 4-5 downtick and possibly a lot of a downside is priced in this is a buy with a stop of Rs 720 target of Rs 756 and Tech Mahindra is a sell with Rs 716, target of Rs 690."
“TCS is a buy with a stop of Rs 1,880 target of Rs 1,940. Page Industries is a buy with a stop of Rs 26,350 target of Rs 27,000. Ashok Leyland is a buy with a stop of Rs 107 target of Rs 114. Reliance Infrastructure is a buy with a stop of Rs 347 target of Rs 362 and GSFC is a buy with a stop of Rs 104 target of Rs 116.”
Follow stock recommendations by Ashwani Gujral here:
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.