Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "For the moment there are several stocks which have weakened. Basically Reliance Industries has started correcting from the top. So that is a sell with a stop loss of Rs 1,635 and target of Rs 1,585."
"Hindustan Construction is a sell with a stop loss of Rs 41 and target of Rs 35. Amara Raja Batteries is coming down sharply. That is a sell with a stop loss of Rs 810 and target of Rs 785," he said.
Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd
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