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Sell ICICI Bank, Adani Ports; buy United Spirits: Ashwani Gujral

Ashwani Gujral of is of the view that one can sell ICICI Bank and Adani Ports and buy United Spirits.

September 04, 2017 / 11:36 AM IST

Ashwani Gujral of told CNBC-TV18, "ICICI Bank, post that good news, had a vertical fall from Rs 302 to about Rs 297. That is often a first indication of the bad reaction to news. Reliance Capital, etc. stocks which have news, they are also kind of facing profit booking at higher levels, HDFC is down. So, ICICI Bank is a sell with a stop loss of Rs 302 and target of Rs 288."

"United Spirits is a buy with a stop loss of Rs 2,600 and target of Rs 2,750. Adani Ports is a sell with a stop loss of Rs 395 and target of Rs 380," he added.
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