NIFTY 50

Buy Power Grid, JSPL & ICICI Bank, says stock analyst Sudarshan Sukhani

Updated : April 15, 2019 12:10 PM IST

Ashwani Gujral of ashwanigujral.com, Sudarshan Sukhani of s2analytics.com, and Rahul Shah of Motilal Oswal Fin Svcs discusses with Prashant Nair and Ekta Batra their readings and outlook on market technical and F&O side of the market as well as specific stocks and sectors. They also answered viewer stock queries.

They also spoke at length on Power Grid, Jindal Steel & Power (JSPL), ICICI Bank, Great Eastern Shipping Company, Larsen & Toubro (L&T), Tata Steel, Bajaj Finance, Power Grid, ICICI Bank, Grasim Industries and Zee Entertainment Enterprises.

Sudarshan Sukhan stock recommendations are, “Power Grid is a buying opportunity, the stock has seen a deep correction that correction is over and a new rally has already started so consider buying Power Grid. JSPL after long periods has been coming out of its bear market, it goes up then it retraces, again this going up process has started so there is a rally in the offing in Jindal Steel and Power and finally ICICI Bank, private sector banks all three are buying opportunities, HDFC Bank, Axis Bank and ICICI Bank. For now, today at least ICICI seems to be the preferred choice so look at ICICI Bank.”

Ashwani Gujral stock ideas are, “Tata Steel is a buy with a stop of Rs 540 target of Rs 565. Bajaj Finance is a buy with a stop of Rs 3,010 target of Rs 3,075. Power Grid is a buy with a stop of Rs 195 target of Rs 210.”

Rahul Shah recommended buying ICICI Bank, Grasim Industries and Zee Entertainment Enterprises.

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

Follow stock recommendations by Sudarshan Sukhani here: https://www.cnbctv18.com/author/sudarshan-sukhani-159/

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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