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    HomeNewsBusinessSell Ambuja Cements, Siemens: Prakash Gaba

    Sell Ambuja Cements, Siemens: Prakash Gaba

    Prakash Gaba of prakashgaba.com is of the view that one can sell Ambuja Cements and Siemens.

    CNBC-TV18
    February 06, 2018 / 13:14 IST

    Prakash Gaba of prakashgaba.com told CNBC-TV18, "Ambuja Cements looks weak to me. We could see a slide to levels closer to Rs 240 zones, stop loss above Rs 250 should be fine."

    "Siemens is another stock that looks weak to me. The way it is trading, looks like it can see a slide to somewhere closer to Rs 1,175-1,150 zones, stop loss above Rs 1,250 should be fine," he added.

    "I will go with Axis Bank, it still looks weak, risk reward ratio is in our favour. The stock can slide to levels closer to Rs 528, keep stop loss above Rs 544."

    "Indian Oil Corporation is another stock that looks weak to me. It can see a slide to levels closer to Rs 395, keep stop loss above Rs 405," he said.

    CNBC-TV18
    first published: Feb 6, 2018 12:40 pm

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