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Last Updated : Jan 18, 2018 02:48 PM IST | Source: CNBC-TV18

Sell Steel Authority of India, DCB Bank; buy Zensar Technologies: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can sell Steel Authority of India and DCB Bank and can buy Zensar Technologies.

CNBC TV18 @moneycontrolcom

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Steel Authority of India (SAIL) is a sell with a stop loss of Rs 96, and target of Rs 88. DCB Bank is a sell with a stop loss of Rs 192, and target of Rs 176. Zensar Technologies is a buy with a stop loss of Rs 920 and target of Rs 945."

"ITC is a buy with a stop loss of Rs 270 and target of Rs 295. HDFC is a buy with a stop loss of Rs 1,880 and target of Rs 1,940. HDFC Bank is a buy with a stop loss of Rs 1,920 and target of Rs 1,975."

"Basically metals has some sort of news about anti-dumping etc. but I would think this is a correction because anti-dumping generally does not impact stocks longer term. So, I think Tata Steel can get as lows as Rs 730-740 and that is where you should try to buy it. So, this correction should be used by people to buy into metal stocks."
First Published on Jan 18, 2018 02:15 pm
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