On rallies, take short positions & lighten up leverage: Ashwani

Ashwani Gujral of ashwanigujral.com said that this market is vulnerable. “On rallies, people should take short positions and lighten up leverage,” he said. Tata Chemicals and IDFC are a buy and Colgate is a sell.
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Oct 14, 2016, 08.21 PM | Source: CNBC-TV18

On rallies, take short positions & lighten up leverage: Ashwani

Ashwani Gujral of ashwanigujral.com said that this market is vulnerable. “On rallies, people should take short positions and lighten up leverage,” he said. Tata Chemicals and IDFC are a buy and Colgate is a sell.

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On rallies, take short positions & lighten up leverage: Ashwani

Ashwani Gujral of ashwanigujral.com said that this market is vulnerable. “On rallies, people should take short positions and lighten up leverage,” he said. Tata Chemicals and IDFC are a buy and Colgate is a sell.

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Ashwani Gujral of ashwanigujral.com said that this market is vulnerable. “On rallies, people should take short positions and lighten up leverage,” he said. Tata Chemicals and IDFC are a buy and Colgate is a sell.

Speaking about Infosys and TCS , he said it is not a cyclical problem. But is a structural one.

Gas is in a bull market, and they can go up 8 times or 10 times. There is a long-term future, he said, adding that. Dewan Housing  and L&T Finance are a buy, while JSPL is a sell.

Mitesh Thacker of miteshthacker.com said that once the market gets back to 8650, we will look at getting out of short buys. Britannia is a sell. He also recommends Tata Coffee and Tata Global Bev .

SP Tulsian sptulsian.com said Infosys is a quality buy for the long-term investor. Compared with TCS, Infosys has done well, he said, adding that Infosys stock would give returns of 15 perecnt for the long-term investor.

Petronet LNG is likely to report robust Q2 numbers, he said. As regards Force Motors, he said that non-vehicles are driving the stock to move up. “I won’t advise  buying it at the current level.”

Sandip Agarwal of Edelweiss Financial Services, said that Infosys stands out because of a lot of reasons, its leadership being one of them. If you are looking at 12-18 months, you will get good returns, he said. You will see more returns in Infosys than TCS, he said.

He believes that if things start improving in December quarter, then midcaps won’t fall.  When they go up is a different question, he said.

On Zee Entertainment, Dipan Mehta said that new channels are doing well and consumer spending is also looking up.

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On rallies, take short positions & lighten up leverage: Ashwani

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