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Buy Tata Motors, Bombay Burmah, Bharat Financial; see 5-8% upside in HPCL, BPCL: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com suggests buying Tata Motors, Bombay Burmah and Bharat Financial Inclusion.

March 23, 2017 / 01:48 PM IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Tata Motors is a buy with a stop loss of Rs 465, target of Rs 490. Bombay Burmah Trading Corporation is also a buy with a stop loss of Rs 800, target of Rs 920."

"Bharat Financial Inclusion is a buy with a stop loss of Rs 820, target of Rs 845."

"Oil marketing has completed a downswing. Now, chances are it is beginning to move on the upside. So, in Hindustan Petroleum Corporation (HPCL) and Bharat Petroleum Corporation (BPCL) risk reward from a few days type perspective is favourable. So, I would think that from here, easily a 5-8 percent rally on all of these stocks should be expected."

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