The latest analysis and commentary by stock market guru Prakash Gaba of prakashgaba.com on what is moving the markets today. Check out his top stock recommendations.
He spoke at length about Britannia, Hero MotoCorp, Ashok Leyland, and Dr Reddy's Laboratories.
“I like Ashok Leyland that looks good. Possibly we will see an Leyland climbing to around Rs 94-95 zones stop below Rs 89 should be okay. I also like Dr Reddy's Laboratories, it has seen a good base formation and up move has started. Possible target on the upside Rs 2,775 stop below Rs 2,670.”
“I have two stocks. Britannia certainly looks good to me. I like the momentum. Good push up today, possible target on the upside Rs 3,020-3,025 zones, stop below Rs 2,940 should be okay. I also like Hero MotoCorp. Target is Rs 2,850 and stop will be Rs 2,700 or maybe, possibly Rs 2,710,” Gaba said.
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