Buy AB Nuvo: Ashwani Gujral
AB Nuvo remains a buy. This has moved up on very heavy volume today, we buy this with a stop of about Rs 920 target of about Rs 1,040.
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| Updated: Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, in a chat with ET Now, gives his stock pick
What are your stock calls for the day?
AB Nuvo remains a buy. This has moved up on very heavy volume today, we buy this with a stop of about Rs 920 target of about Rs 1,040. Reliance Communication, we buy this with a stop of about Rs 98, target of Rs 120 and Oriental Bank can be bought with a stop of Rs 355 and a target of about Rs 400. I would like to add Sun Pharma to this list which has just broken out after I send the recos so may be buy that with a stop of about Rs 510 and that is now probably heading towards Rs 625-630.
What are your stock calls for the day?
AB Nuvo remains a buy. This has moved up on very heavy volume today, we buy this with a stop of about Rs 920 target of about Rs 1,040. Reliance Communication, we buy this with a stop of about Rs 98, target of Rs 120 and Oriental Bank can be bought with a stop of Rs 355 and a target of about Rs 400. I would like to add Sun Pharma to this list which has just broken out after I send the recos so may be buy that with a stop of about Rs 510 and that is now probably heading towards Rs 625-630.
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