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Stock analyst Ashwani Gujral recommends buy on Tata Global Beverages, Motherson Sumi & sell Tata Steel

Updated : June 04, 2019 01:48 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 BEML, Titan Company, Tata Consultancy Services (TCS), Can Fin Homes, Hindustan Unilever Ltd (HUL), Manappuram Finance, Canara Bank, REC, Oriental Bank of Commerce, Union Bank, Larsen and Toubro, Whirlpool, United Spirits, Hexaware Technologies, Tata Global Beverages, Motherson Sumi, and Tata Steel.

"Tata Global Beverages is a buy with a stop of Rs 248 target of Rs 264. Tata Steel is a sell with a stop of Rs 500 target of Rs 480 and Motherson Sumi Systems is a buy with a stop of Rs 114 target of Rs 122.”

“Whirlpool is a buy with a stop of Rs 1,500 target of Rs 1,575. United Spirits is a buy with a stop of Rs 560 target of Rs 585 and Hexaware Technologies is a sell with a stop of Rs 356 target of Rs 340.”

"Oriental Bank of Commerce (OBC) is a buy with a stop of Rs 99 and target of Rs 110. Union Bank is a buy with a stop of Rs 76 and target of Rs 84. Larsen and Toubro (L&T) is a buy with a stop of Rs 1,560 and target of Rs 1,620," Gujral added.

“BEML is a buy with a stop of Rs 985, target of Rs 1,040. Titan is a buy with a stop of Rs 1,255, target of Rs 1,300. TCS is a buy with a stop of Rs 2,200, target of Rs 2,275. Can Fin Homes is a buy with a stop of Rs 355, target of Rs 372. Surprisingly I haven’t heard HUL since morning, so I would check the chart again to see if something is wrong but I think this is a buy with a stop of Rs 1,800 and target of Rs 1,920,” 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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