HomeNewsBusinessStocksBuy Bajaj Finance, DHFL; sell UCO Bank: Sandeep Wagle

Buy Bajaj Finance, DHFL; sell UCO Bank: Sandeep Wagle

Sandeep Wagle of powermywealth.com is of the view that one may sell UCO Bank with a target of Rs 32.

May 13, 2016 / 11:25 IST
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Sandeep Wagle of powermywealth.com told CNBC-TV18, "Bajaj Finance is an outperformer. In fact, yesterday it has given a very clear breakout and this move what we are seeing today is an extension of that. I would place my target at somewhere around Rs 7,900 and any bit of a correction currently at Rs 7,710, maybe Rs 50-70, this has got a high volatility. So, I would buy into it with a Rs 7,550 stoploss and a positional target of Rs 7,900."He further added, "I would buy Dewan Housing Finance Corporation (DHFL) with a stop loss of Rs 201 and target of Rs 216.""One may buy Motherson Sumi Systems. Stop loss Rs 261 and target Rs 280. And sell UCO Bank with a stop loss Rs 37.50 and target Rs 32," he said.

first published: May 13, 2016 11:23 am

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