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Sell Jet Airways, Bajaj Finance, Chennai Petro; buy HCL Tech, Future Consumer, Kotak Bank: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can sell Jet Airways, Bajaj Finance and Chennai Petro and can buy HCL Tech, Future Consumer and Kotak Mahindra Bank.

November 07, 2017 / 12:37 PM IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Jet Airways is a sell with a stop loss of Rs 610 and target of Rs 575. HCL Tech is a buy with a stop loss of Rs 860 and target of Rs 895. Future Consumer is a buy with a stop loss of Rs 58 and target of Rs 70."

"Bajaj Finance is a sell with a stop loss of Rs 1,800 for target of Rs 1,750. Chennai Petro is a sell with a stop loss of Rs 460 and target of Rs 435. Kotak Mahindra Bank is a buy with a stop loss of Rs 1,000 and target of Rs 1,065."

"Nestle India is such a dominant company as long as people need food, probably Nestle will continue to perform. Good times to buy is when the Maggi crisis happened. That way you can keeping holding on."

"Granules India has never really performed. It remains in Rs 100-150 type of band. Going by the current flavour of the market, I think it will be better off trying to move into Engineers India (EIL) which will give better reruns. So possibly you can exit here and move into an Engineers India," he added.
first published: Nov 7, 2017 12:35 pm
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