Sell Sun Pharmaceutical Industries, Hindustan Unilever; buy Biocon: Ashwani Gujral
Ashwani Gujral of ashwanigujral.com suggests selling Sun Pharmaceutical Industries and Hindustan Unilever and advises buying Biocon.
Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Sun Pharmaceutical Industries is a sell with a stop loss of Rs 695 and target of Rs 670. Biocon which had a big down day, the high of that down day has been taken out. So, in fact, Biocon has given a buy signal. So, that is a buy with a stop loss of Rs 1,120 and target of Rs 1,180; by miles it remains one of the best pharmaceutical stocks."
"Hindustan Unilever (HUL) is a sell with a stop loss of Rs 902 and target of Rs 875," he added.