Buy Delta Corp, Raymond; sell Bharat Forge, Canara Bank, Maruti Suzuki: Ashwani Gujral
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Delta Corp and Raymond and sell Bharat Forge, Canara Bank and Maruti Suzuki.
March 22, 2017 / 11:10 IST
Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Delta Corp is a buy with a stop loss of Rs 164 and target of Rs 180. Raymond is also a buy with a stop loss of Rs 660 and target of Rs 700.""Bharat Forge is a sell with a stop loss of Rs 1,030 and target of Rs 980. Canara Bank is also a sell with a stop loss of Rs 293 and target of Rs 277. Maruti Suzuki is a sell with a stop loss of Rs 6,100 and target of Rs 5,980," he said."There is a fairly decent gap in Idea Cellular, so intraday the moment you see some amount of green you will open around Rs 90.50 and you will have some kind of rally. Any 15-20 points rally should invite shorts. But for the day, I think 12:30 pm or 1:00 pm is the time where you want to be a bit cautious to see if there is a global follow through on the selling."
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
