Ashwani Gujral of ashwanigujral.com is of the view that one can sell Yes Bank and Rural Electrification Corporation and can buy Sonata Software.
Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Private banks are falling 4-5 percent. Yes Bank is breaking down. It is a sell with a stop loss of Rs 302 and target of Rs 286. Rural Electrification Corporation (REC) is a sell with a stop loss of Rs 134 and target of Rs 122. Maybe Sonata Software can be bought with a stop loss of Rs 306 and target of Rs 321.""Hindustan Unilever is a sell with a stop loss of Rs 1,310, target of Rs 1,265. NTPC is a buy with a stop loss of Rs 160 and target of Rs 172. Adani Power is a sell with a stop loss of Rs 28 and target of Rs 22," he said.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.