Sell Engineers India, Indian Oil; buy Can Fin Homes: Ashwani Gujral

Name: Sell Engineers India, Indian Oil; buy Can Fin Homes: Ashwani Gujral
Uploaded: 2018-03-14T13:30:24+05:30
Description: Ashwani Gujral of ashwanigujral.com is of the view that one can sell Engineers India and Indian Oil and can buy Can Fin Homes.

Ashwani Gujral of ashwanigujral.com is of the view that one can sell Engineers India and Indian Oil and can buy Can Fin Homes.

CNBC-TV18

March 14, 2018 / 14:30 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Engineers India is a sell with a stop loss of Rs 167 and target of Rs 164. Indian Oil is a sell with a stop loss of Rs 406 and target of Rs 388. Can Fin Homes is a buy with a stop loss of Rs 540 and target of Rs 565."

"PC Jeweller is making high of the day, use this as a meter of how when the shorts are covering, so maybe there is some short covering which has started," he said.

"PSU banks have turned around very sharply, early morning they opened lower. So Yes Bank is a buy with a stop loss of Rs 315 and target of Rs 332. Canara Bank is a buy with a stop loss of Rs 252 and target of Rs 266. Bank of Baroda is a buy with a stop loss of Rs 140 and target of Rs 152."

CNBC-TV18

first published: Mar 14, 2018 01:30 pm

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!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347