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Buy Godrej Consumer, Bata India; sell Adani Ports: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying Godrej Consumer and Bata India and sell Adani Ports.

August 03, 2017 / 02:57 PM IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Godrej Consumer has bottomed out. People who are long term, medium term, etc. can get into. That is a buy with a stop loss of Rs 935 and target of Rs 980. Adani Ports is a sell with a stop loss of Rs 407 and target of Rs 390."

"Bata India is a buy with a stop loss of Rs 608 and target of Rs 635. Out there we are seeing follow through. So the idea remains that even in a sideways style market, you will have individual stocks which will go up and down. However, clearly on the financials it appears we should have some downside before the uptrend resumes," he said.

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