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Buy CESC, Chennai Petroleum; avoid Axis Bank: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can buy CESC and Chennai Petroleum Corporation while one can avoid Axis Bank.

September 11, 2017 / 13:49 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Gas stocks have definitely started a fresh move. So that is a place where even for the day people could look.  As far as individual stocks right now are concerned, CESC is continuing its upside. That is a buy with a stop loss of Rs 1,040 and target of Rs 1,075."

"Axis Bank is a sell with a stop loss of Rs 500 and target of Rs 475. This is a trade you can probably avoid for a bit because Bank Nifty has broken out."

"The third one is Chennai Petroleum. That is a buy with a stop loss of Rs 455 and target of Rs 480," he said.

first published: Sep 11, 2017 01:48 pm

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