Moneycontrol
Jan 13, 2017 10:44 AM IST | Source: CNBC-TV18

Buy UPL, GMDC, CONCOR; sell Glenmark, HDFC: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com suggests buying UPL, Gujarat Mineral Development Corporation and Container Corporation of India and advises selling Glenmark Pharma and HDFC.

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "UPL is a buy with a stop loss of Rs 680, target of Rs 710. Gujarat Mineral Development Corporation (GMDC) is a buy with a stop loss of Rs 104, target of Rs 116."

"Container Corporation of India (CONCOR) is a buy with a stop loss of Rs 1,200, target of Rs 1,265," he said.

"If you stick with public sector undertakings (PSUs), chances are you will remain safe. As far as downside is concerned, Glenmark Pharma is a sell with a stop loss of Rs 900, target of Rs 865. HDFC is also a sell with a stop loss of Rs 1,240, target of Rs 1,180."

"Vedanta is a buy with a stop loss of Rs 238, target of Rs 252. Karnataka Bank is a sell with a stop loss of Rs 122, target of Rs 110. Bank of Baroda (BoB) is also a sell with a stop loss of Rs 162 for target of Rs 150. These are day-trading calls."
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