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HomeNewsBusinessBuy Fortis Healthcare, Dredging Corp; sell Exide, PTC India, ONGC: Ashwani Gujral

Buy Fortis Healthcare, Dredging Corp; sell Exide, PTC India, ONGC: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can buy Fortis Healthcare and Dredging Corporation and can sell Exide Industries, PTC India and ONGC.

June 16, 2017 / 09:28 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "We have both buys and sells because individual stocks are showing their own action. Fortis Healthcare corrected sharply towards 200-day moving average (DMA). I think there is some sort of news also which is going with this. However, this is a good time to get into Fortis. This is a buy with a stop loss of Rs 193 and target of Rs 207."

"Dredging Corporation has started a fresh rally, maybe it is along with the shipping PSUs type rally. So, this is a buy with a stop loss of Rs 670 and target of Rs 705," he said.

"Exide Industries is a sell with a stop loss of Rs 225 and target of Rs 210. PTC India is a sell with a stop loss of Rs 98 and target of Rs 86. ONGC keeps plunging to new lows. So, that is a sell with a stop loss of Rs 171 and target of Rs 160," he added.

first published: Jun 16, 2017 09:23 am

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