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    HomeNewsBusinessBuy Ceat, Hexaware, TVS Motor; sell Ujjivan Financial, Jain Irrigation: Ashwani Gujral

    Buy Ceat, Hexaware, TVS Motor; sell Ujjivan Financial, Jain Irrigation: Ashwani Gujral

    Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ceat, Hexaware Technologies and TVS Motor and sell Ujjivan Financial and Jain Irrigation while he feels that CESC may test Rs 500.

    May 19, 2017 / 09:36 IST

    Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Ceat continues to be a buy with a stop loss of Rs 1,800 and target of Rs 1,920. This is a cash price. Hexaware Technologies is a buy with a stop loss of Rs 250 and target of Rs 265."

    "TVS Motor is also a buy with a stop loss of Rs 520 and target of Rs 545. Ujjivan Financial has broken down again. That is a sell with a stop loss of Rs 345 and target of Rs 300," he said.

    "Jain Irrigation is a sell with a stop loss of Rs 97 and target of Rs 85. CESC chart is very similar to Yes Bank. Like Yes Bank did not stop after that one bar, CESC is also not likely to stop although it is gone into ban, etc. and that may create some problems. However, overall I think it will go back to the Rs 500, it started from."

    first published: May 19, 2017 09:27 am

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