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Sell IndusInd Bank, Yes Bank & buy Asian Paints, says stock expert Ashwani Gujral

Updated : June 06, 2019 02:01 PM IST

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

He spoke at length about DCB Bank, Maruti Suzuki, HDFC, United Spirits, LIC Housing Finance, HPCL, Titan, Hindustan Unilever, NIIT Technologies, Indiabulls Housing Finance, Reliance Capital, IndusInd Bank, Yes Bank, Asian Paints.

Stock specific, Gujral said, “IndusInd Bank is a sell with a stop of Rs 1,590 and target of Rs 1,530. Yes Bank is a sell with a stop of Rs 154 and target of Rs 140. Asian Paints is a buy with a stop of Rs 1,435 and target of Rs 1,480.”

“NIIT Technologies is a buy with a stop of Rs 1,290 and target of Rs 1,340. Indiabulls Housing is a sell with a stop of Rs 762 and target of Rs 740. Reliance Capital is a sell with a stop of Rs 118 and target of Rs 106,” Gujral said.

“Maruti is a buy with a stop of Rs 7,030 and target of Rs 7,125. HDFC is a buy with a stop of Rs 2,200 and target of Rs 2,275. United Spirits is a buy with a stop of Rs 560 and target of Rs 595. LIC Housing is a buy with a stop of Rs 560 and target of Rs 585” Gujral added.

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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