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Last Updated : Feb 23, 2017 09:25 AM IST | Source: Moneycontrol.com

Buy Idea Cellular, Axis Bank; sell IDFC, NTPC: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can buy Idea Cellular, Axis Bank and Apollo Hospitals and advises selling IDFC and NTPC.

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Idea Cellular is probably re-starting another move, so that is a buy with a stop loss of Rs 108 and target of Rs 120."

"Axis Bank is slowly moving higher, so amongst the banks this is probably now the strongest bank. This is a buy with a stop loss of Rs 520 and target of Rs 545," he said.

"Apollo Hospitals is pushing on the upside, that is a buy with a stop loss of Rs 1,300 for target of Rs 1,410. IDFC and IDFC Bank look weak, so IDFC is a sell with a stop loss of Rs 56 for target of Rs 78."

"NTPC is a sell with a stop loss of Rs 170 and target of Rs 158," he added.
First Published on Feb 23, 2017 09:22 am
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