Sell Jaiprakash Associates, Balrampur Chini, Punjab National Bank: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Jaiprakash Associates is a sell with a stop loss of Rs 29 and target of Rs 22. Balrampur Chini is a sell with a stop loss of Rs 174 and target of Rs 162. Punjab National Bank has again started to fall. So, that is a sell with a stop loss of Rs 150 and target of Rs 142."
"The level of Rs 285-286 was a key zone for PC Jeweller and now above this level, I think Rs 340-350 looks very likely. In this kind of a market, if a stock can move up, then that is the first stock you need to get in. Stop loss should be placed at around Rs 280 or thereabouts because that was the previous significant high," he added.