Ashwani Gujral recommends buying of Reliance Industries, Prestige Estates
Ashwani Gujral recommends buying of Reliance Industries, Prestige Estates
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Ashwani Gujral of ashwanigujral.com recommends today, "I would think if you get any sort of dip today because Friday was a large move, you could easily, the next target here could be possibly Rs 1,600. So, given the kind of momentum and possibly institutional buying that it has seen, at least an Rs 100 move from here can be seen and that is what is keeping the Nifty above 9,600. Banks are shaky, IT is shaky, but I think Reliance Industries is taking the leadership. So that is one of the calls for the day as well because now the stock is really showing momentum and from here you should see a strong uptrend."

He added, "As far as other calls are concerned, Gujarat Fluorochemicals is a buy with a stop of Rs 830 and target of Rs 865. Prestige Estates is a buy with a stop of Rs 277 and target of Rs 292. Reliance Industries is a buy with a stop of Rs 1,475 and target of Rs 1,530."

 

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