HomeNewsBusinessStocksBuy UCO Bank; sell Britannia, Bata India: Ashwani Gujral

Buy UCO Bank; sell Britannia, Bata India: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying UCO Bank and advises selling Britannia Industries and Bata India.

June 13, 2016 / 09:40 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Britannia Industries and Bata India had weak rallies and post that they started selling off on Friday. So Britannia is a sell with a stop loss of Rs 2,800, target of Rs 2,680 and Bata is also a sell with a stop loss of Rs 556, target of Rs 530.""UCO Bank had a strong upmove on Friday and chances are it kind of started some sort of strength. So you may see that these smaller banks may not fall as much as the larger banks because these stocks haven’t rallied. So in case there is going to be any sort of pullback or any sort of upside, UCO Bank would do well. It is a buy with a stop loss of Rs 34, target of Rs 42," he said.

first published: Jun 13, 2016 09:39 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!