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Ashwani Gujral on December 27: Buy Reliance Industries, PVR, & REC
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Ashwani Gujral on December 27: Buy Reliance Industries, PVR, & REC
Dec 26, 2018 11:59 PM

The latest analysis and commentary by stock market guru Ashwani Gujral on what is moving the markets today.

He shared his views and readings on Siemens, Can Fin Homes, Bajaj Finserv, Jindal Steel & Power (JSPL), Hindustan Unilever (HUL), Infosys, Jubilant FoodWorks, Engineers India, Tata Elxsi, LIC Housing, BPCL, Escorts, HPCL, Arvind, IndusInd Bank, Yes Bank, RBL Bank, Adani Ports, Reliance Industries, PVR, REC.

Stock specific, Gujral said, “Reliance Industries is a buy with a stop of Rs 1,110 and target of Rs 1,145. PVR is a buy with a stop of Rs 1,550 and target of Rs 1,610. REC is a buy with a stop of Rs 117 and target of Rs 124.”

On specific stocks, Gujral said, “IndusInd Bank is a buy with a stop of Rs 1,570 and target of Rs 1,610. Yes Bank is a buy with a stop of Rs 178 and target of Rs 190. RBL Bank is a buy with a stop of Rs 560 and target of Rs 575.”

“Escorts is a buy with a stop of Rs 695 target of Rs 720, HPCL is a sell with a stop of Rs 247 target of Rs 232 and Arvind is a sell with a stop of Rs 98 target of Rs 92.”

Talking about stocks, he said, "Infosys is a buy with a stop of Rs 650 target of Rs 675. Jubilant FoodWorks is a sell with a stop of Rs 1,235 target of Rs 1,190 and Engineers India is a sell with a stop of Rs 125 target of Rs 118."

“Siemens is a buy with a stop of Rs 1,020 and target of Rs 1,075. I am reiterating this stock because the sector is coming back into flavour. Can Fin Homes is a buy with a stop of Rs 284 and target of Rs 298. Bajaj Finserv is a buy with a stop of Rs 6,400 and target of Rs 6,550 and JSPL is a buy with a stop of Rs 158 and target of Rs 170.”

“HUL is interesting, the stock made a low and closed a higher after 3-4 days of a fall and we know it is a strong stock. So probably is the buy of the day because chances are it has a bit of short positions which need to be covered,” he added.

Follow stock recommendations by Ashwani Gujral here:

https://www.cnbctv18.com/author/ashwani-gujral-115/

“BPCL is a sell with a stop of Rs 365 and target of Rs 350. LIC Housing is a sell with a stop of Rs 486 and target of Rs 470 and Tata Elxsi is a buy with a stop of Rs 995 and target of Rs 1,035,” Gujral further added.

Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

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.

First Published:Dec 27, 2018 8:59 AM IST

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