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.
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