Ashwani Gujral of ashwanigujral.com is of the view that one can buy RBL Bank and Adani Ports and can sell SREI Infrastructure.
Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "RBL Bank is a buy with a stop loss of Rs 530 and target of Rs 550. Adani Ports is a buy with a stop loss of Rs 420 and target of Rs 436. SREI Infrastructure is a sell with a stop loss of Rs 102 and target of Rs 94."
"UPL has gone through a large correction from Rs 900 right up to Rs 680. So my sense is, it is coming out of a correction and all these declines should be bough. At some point once it crosses the 200-day moving average at Rs 800, it should get closer to Rs 880-900."
"It is a buy on decline because it has fairly advanced in its corrective cycle and is now probably bottoming out. Stop loss can be say Rs 740," he said.