Jan 13, 2017 11:11 AM IST | Source: CNBC-TV18

Sell India Cements, SBI; buy Arvind: Ashwani Gujral

Ashwani Gujral of suggests selling India Cements and State Bank of India and advises buying Arvind.

Ashwani Gujral of told CNBC-TV18, "India Cements is a sell with a stop loss of Rs 134 for target of Rs 122. State Bank of India (SBI) is also a sell with a stop loss of Rs 255 for target of Rs 240."

"Arvind is a buy with a stop loss of Rs 363 for target of Rs 378. The sell calls are for the day, so these are not multi-day views on these stocks," he said. 

"PSUs in general and gas in particular has been doing well. In GAIL India, once we start this move above Rs 450, I think Rs 500-510 is easily possible," he added.
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