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Mar 21, 2017 12:40 PM IST | Source: CNBC-TV18

Buy Jindal Poly; sell HPCL, Vedanta: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can buy Jindal Poly and sell HPCL and Vedanta.

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Jindal Poly is a buy with a stop loss of Rs 447 and target of Rs 470. HPCL is a sell with a stop loss of Rs 511 and target of Rs 490. Vedanta is also a sell with a stop loss of Rs 264 and target of Rs 250."

"Eros International has a poor history. People would recall how it collapsed sometime back and things which tend to have those sorts of movements are not really advisable for people. It is not in any sort of a big uptrend. Maybe above Rs 240 it could again start a rally towards Rs 465-470, but in the last few months it has come off to somewhere like Rs 120. So lot of base building needs to happen before it really gets into a mark-up phase," he said.

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