HomeNewsBusinessStocksBuy Havells; sell ICICI Bank, BPCL: Ashwani Gujral

Buy Havells; sell ICICI Bank, BPCL: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying Havells India and advises selling ICICI Bank and BPCL.

May 20, 2016 / 13:40 IST
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Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Havells India is a buy with a stop loss of Rs 360, target of Rs 382. ICICI Bank is a sell with a stop loss of Rs 227, target of Rs 212 and BPCL is a sell with a stop loss of Rs 932, target of Rs 910.""Adani Ports reached very close to its February lows of about Rs 168 and that is the reason you are seeing a bit of a bounce back. It should not cross possibly levels of Rs 190. So, again it is in a sell on rally mode. We will have to see whether the stock has bottomed out at Rs 172 or not, but till Rs 190 is crossed decisively this is just a small pullback rally," he said.

first published: May 20, 2016 01:40 pm

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