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    HomeNewsBusinessBuy Hindustan Petroleum Corporation; sell Bharat Electronics, Tata Steel: Gujral

    Buy Hindustan Petroleum Corporation; sell Bharat Electronics, Tata Steel: Gujral

    Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hindustan Petroleum Corporation and sell Bharat Electronics and Tata Steel.

    April 13, 2017 / 15:28 IST

    Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Oil marketing is doing extremely well, so Hindustan Petroleum Corporation (HPCL) is a buy with a stop loss of Rs 548, target of Rs 570. Bharat Electronics is a sell with a stop loss of Rs 174, target of Rs 162. Tata Steel is also a sell with a stop loss of Rs 473, target of Rs 450."

    "Bharti Airtel is in an uptrend, so for the moment, this looks like a correction, it has recently crossed its 200-day moving average on the upside. The big weakness is in metals and IT," he said.

    first published: Apr 13, 2017 03:26 pm

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