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Sell SREI Infra, LIC Housing; buy Polaris Consulting, Mphasis, HCC, Tata Elxsi: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can sell SREI Infrastructure and LIC Housing Finance and can buy Polaris Consulting, Mphasis, HCC and Tata Elxsi.

November 08, 2017 / 12:56 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "SREI Infrastructure is a sell with a stop loss of Rs 110 and target of Rs 100. LIC Housing Finance is a sell with a stop los of Rs 600 and target of Rs 575. Polaris Consulting is a buy with a stop loss of Rs 315 and target of Rs 340."

"On the tech space, it is possible that today you have another big day on IT. So, being long on IT stocks will help out during the day.  Jet Airways is in a fairly strong upside despite crude prices, so may be those dynamics are now changing and I would think that once we get past Rs 640, it will probably start a fresh journey towards Rs 950-1,000."

"Even Interglobe Aviation apparently has recovered and trading at a highs of the day, so maybe that is a better buy."

"Mphasis is a buy with a stop loss of Rs 725 and target of Rs 750. HCC is a buy with a stop loss of Rs 37 and target of Rs 45. Tata Elxsi is a buy with a stop loss of Rs 900 and target of Rs 935."

first published: Nov 8, 2017 12:53 pm

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