Moneycontrol
Dec 02, 2016 09:35 AM IST | Source: CNBC-TV18

Sell RComm, DLF, Century Tex; buy EIL, Infosys: Ashwani Gujral

According to Ashwani Gujral of ashwanigujral.com, one can sell Reliance Communications, DLF and Century Textiles and buy Engineers India and Infosys.

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "A lot of these sell calls have turned from the 20-day moving average (DMA), the way Nifty has. So that is pretty much the trade on the index as well as the market. So, Reliance Communications (RComm) is a sell with a stop loss of Rs 38, target of Rs 30."

"DLF is also a sell with a stop loss of Rs 116, target of Rs 104. Century Textiles is at a large rally. That is now a sell with a stop loss of Rs 792, target of Rs 760," he said.

"Couple of stocks are still looking strong, Engineers India is a buy with a stop loss of Rs 294, target of Rs 310. Infosys is a buy with a stop loss of Rs 965, target of Rs 1,000."
Sections
Follow us on
Available On