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Sell Raymond, Balrampur Chini; buy Delta Corp: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can sell Raymond and Balrampur Chini and advises buying Delta Corp.

September 21, 2017 / 12:37 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Raymond is a sell with a stop loss of Rs 870 and target of 800. Balrampur Chini is also a sell with a stop loss of Rs 174 and target of 160. Delta Corp is a buy with a stop loss of Rs 199 and target of 212."

"Being under pressure today is not a big deal because everything is under pressure. However, Grasim Industries, overall remains in a strong up trend. You want to buy it on decline, so somewhere closer to say Rs 1,140-1,160 is decent zone to go long on Grasim," he added.

At 12:33 hrs Grasim Industries was quoting at Rs 1,215.25, down Rs 5.95, or 0.49 percent. It has touched an intraday high of Rs 1,230.60 and an intraday low of Rs 1,202.00.

first published: Sep 21, 2017 12:36 pm

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