Ashwani Gujral of ashwanigujral.com Tata Global, NIIT Tech, Sobha, Coffee Day, Titan; exit Idea Cellular
Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Jubilant Foodworks is giving up a lot of its gains and it had two or three narrow days since and now expanding on the downside. I think that is where a short opportunity lies, so possibly it could give back large gains and is something that is just coming a fresh."
"Tata Global Beverage is a buy with a stop loss of Rs 303 and target of Rs 325. NIIT Technologies remains a buy on all declines towards about Rs 865 and look for targe of Rs 920. Sobha is a buy with a stop loss of Rs 584 and target of Rs 610."
"PSU Banks continue to remain weak so there will be thinks on both sides to do."
"Couple of interesting stocks that are coming on in my list - we are still seeing United Spirits seeing selling, so I think it is almost hanging around yesterday’s low. So, you can still go short there with a stop loss at about Rs 3,460 and look for target of Rs 3,380."
"Havells is breaking out to fresh intraday highs, people can maybe look for long positions but Coffee Day which has been doing well earlier is a buy with a stop loss of Rs 354 and target of Rs 369."
"Titan Company is a buy with a stop loss of Rs 892 and target of Rs 925.""Exit Idea Cellular there is no question about hanging on because if you keep getting these schemes again and again losses will keep growing, so get in to midcap IT."