homevideos Newsmarket Newsstocks NewsAshwani Gujral on December 19: Buy Axis Bank, Bank of India, & Edelweiss
Ashwani Gujral on December 19: Buy Axis Bank, Bank of India, & Edelweiss
The latest analysis and commentary by stock market guru Ashwani Gujral on what is moving the markets today. Check out his top stock recommendations.
The latest analysis and commentary by stock market guru Ashwani Gujral on what is moving the markets today. Check out his top stock recommendations.
He spoke at length about Capital First, Delta Corp, Bajaj Finance, Interglobe Aviation (IndiGo), Asian Paints, DHFL, Can Fin Homes, Indiabulls Housing, Punjab National Bank, Prism Johnson, ICICI Bank, Jubilant Foodworks, Avenue Supermarts, L&T Finance, NCC, IRB Infrastructure, Zee Entertainment, Bank of Baroda, NBCC, India Cement, Sundram Fasteners, Axis Bank, Bank of India, Edelweiss.
Stock specific, Gujral said, “Axis Bank is a buy with a stop of Rs 630 and target of Rs 656. Bank of India is a buy with a stop of Rs 92 and target of Rs 104. Edelweiss is a buy with a stop of Rs 197 and target of Rs 214.”
On stock specific ideas, Gujral said, “NBCC is a buy with a stop of Rs 56 and target of Rs 64. India Cement is a buy with a stop of Rs 97 and target of Rs 105. Sundram Fasteners is a buy with a stop of Rs 528 and target of Rs 550.”
Speaking about the individual stock ideas, Gujral said, “L&T Finance is a buy with a stop of Rs 148 and target of Rs 160. NCC is a buy with a stop of Rs 84 and target of Rs 91. IRB Infrastructure is a buy with a stop of Rs 153 and target of Rs 167.”
Recommending stock specific trades, Gujral said, “Punjab National Bank is a buy with a stop of Rs 75 and target of Rs 81. Prism Johnson is a buy with a stop of Rs 90 and target of Rs 102. Today cement stocks are doing fairly well. ICICI Bank is a buy with a stop of Rs 360 and target of Rs 376.”
Speaking about the individual stock ideas, Gujral said, “Capital First is a buy with a stop of Rs 560 and target of Rs 585. Delta Corp is a buy with a stop of Rs 252 and target of Rs 267. Bajaj Finance has had big correction again and possibly one of the few NBFCs which will hit fresh highs before the others. Interglobe Aviation has had a correction. So this is now beginning to move even further. This is a buy with a stop of Rs 1,090 and target of Rs 1,150. Asian Paints post a correction is showing traction on the upside. This is a buy with a stop of Rs 1,330 and target of Rs 1,400.”
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First Published: Dec 19, 2018 8:57 AM IST
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