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Ashwani Gujral on January 3: Buy Escorts; Sell PVR, & Tech Mahindra

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

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By Ashwani Gujral  Jan 3, 2019 1:58:45 PM IST (Updated)

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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 Gujarat State Fertilizers & Chemicals (GSFC), Jindal Steel & Power Ltd (JSPL), HDFC, Infosys, Jubilant Foodworks, Britannia Industries, ICICI Bank, HDFC Bank, Hindustan Unilever Ltd (HUL), NCC, NBCC (India), Godrej Properties, Indiabulls Housing Finance, Axis Bank, Bank of India, Bank of Baroda, Escorts, PVR, Tech Mahindra.
Recommending specific stock ideas, Gujral said, “PVR is a sell with a stop of Rs 1,580 and target of Rs 1,520. Tech Mahindra is a sell with a stop of Rs 702 and target of Rs 680. Escorts is a buy with a stop of Rs 720 and target of Rs 745.”
“Indiabulls Housing Finance is a sell with a stop of Rs 835 and target of Rs 800. Axis Bank is a sell with a stop of Rs 616 and target of Rs 590. Godrej Properties is a buy with a stop of Rs 676 and target of Rs 700,” he added.
“GSFC is a buy with a stop of Rs 110, target of Rs 119. JSPL is a sell with a stop of Rs 157, target of Rs 144. HDFC is a sell with a stop of Rs 1,970, target of Rs 1,925,” he said.
“Infosys is a buy with a stop of Rs 668, target of Rs 690. Jubilant Food is a buy with a stop of Rs 1,240, target of Rs 1,285. Britannia is a buy with a stop of Rs 3,125, target of Rs 3,300,” he added.
“I think ICICI Bank is a buy with a stop of Rs 360, target of Rs 374. HDFC Bank is a buy with a stop of Rs 2,100, target of Rs 2,175. HUL is a buy with a stop of Rs 1,770, target of Rs 1,810. NCC is a buy with a stop of Rs 87, target of Rs 95 and NBCC is a buy with a stop of Rs 56, target of Rs 64,” said Gujral.
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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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