Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "L&T Finance Holdings is a buy with a stop loss of Rs 143, target of Rs 156. Clear breakdown on oil marketing. BPCL is a sell with a stop loss of Rs 662, target of Rs 640."
"Shriram Transport Finance Corporation is a buy with a stop loss of Rs 990, target of Rs 1,045."
"Reliance Group stocks are probably moving up because of news flow, but they are not the strongest stocks. The broad trend remains on the downside. A few stocks will go up because the market is just coming off an uptrend, but my point is that the market seems to be terminating the latest rally which started from 9,550 and unless we can get back above 9,650, I do not think there will be lots of positivity. Individual stocks can rally a couple of days, but overall, the market breadth, the way it started from 9,550, is not giving a comforting feeling."
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!
