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Last Updated : Aug 18, 2017 01:31 PM IST | Source: CNBC-TV18

Buy Jubilant Foodworks, Petronet LNG; sell Wockhardt: Ashwani Gujral

Ashwani Gujral of is of the view that one can buy Jubilant Foodworks and Petronet LNG and sell Wockhardt.

Ashwani Gujral of told CNBC-TV18, "For Infosys, Rs 900 is getting defended. Today was a good day to take Rs 900 out and for the stock to make a fresh low again. It is possible that something similar to Jubilant Foodworks happens on Infosys where when the CEO got changed, the stock was almost up 50 percent. So, that is something people should keep in mind that there is no value in selling Infosys now."

"Jubilant Foodworks is a buy with a stop loss of Rs 1,380 and target of Rs 1,450. Petronet LNG is a buy with a stop loss of Rs 226 and target of Rs 242."

"Wockhardt is a sell with a stop loss of Rs 555 and target of Rs 530," he added.

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First Published on Aug 18, 2017 12:41 pm
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