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Jan 09, 2018 02:29 PM IST | Source: CNBC-TV18

Buy RIL, Raymond; sell Jet Airways: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can buy Reliance Industries and Raymond and can sell Jet Airways.

CNBC TV18 @moneycontrolcom

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Reliance Industries is a buy with a stop loss of Rs 930 and target of Rs 965. Raymond is a buy with a stop loss of Rs 1,120 and target of Rs 1,165. Jet Airways is a sell with a stop loss of Rs 846 and target of Rs 820."

"Arvind maybe is a textile play that generally tends to move before the Budget, etc. However, just technically I think it is getting ready for a next upside, one that can take it up to Rs 510-515. So, Arvind and Century Textiles look good for more upside today," he said.

"Escorts is a buy with a stop loss of Rs 789 and target of Rs 810. Voltas is a buy with a stop loss of Rs 645 and target of Rs 670. Jindal Steel & Power (JSPL) is a sell with a stop loss of Rs 258 and target of Rs 243."

Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd
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