HomeNewsBusinessSell Vedanta, NMDC, TCS; buy PVR, Indian Oil Corporation: Ashwani Gujral

Sell Vedanta, NMDC, TCS; buy PVR, Indian Oil Corporation: Ashwani Gujral

According to Ashwani Gujral of ashwanigujral.com, one can sell Vedanta, NMDC and Tata Consultancy Services and buy PVR and Indian Oil Corporation.

April 17, 2017 / 10:43 IST
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Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Metals in a weak global environment tends to do poorly. Vedanta is a sell with a stop loss of Rs 248 and target of Rs 234. Again, shorts could be trapped by getting over excited on the short side. So, keep that in mind."

"You can sell NMDC with a stop loss of Rs 134 and target of Rs 122. Tata Consultancy Services (TCS) is a sell with a stop loss of Rs 2,350 and target of Rs 2,240." 

"I don’t think Korean missiles will make us stop going to movies. So, PVR is a buy with a stop loss of Rs 1,550 and target of Rs 1,590," he said.

"Indian Oil Corporation (IOC) is a buy with a stop loss of Rs 417 and target of Rs 440."

first published: Apr 17, 2017 09:26 am

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