Sell Adani Ports, Just Dial; buy Zee Ent, CESC: Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Adani Ports, ever since the results, has been continuing to move lower. Chances are any sort of pullback you get, is still a sell with a stop loss of Rs 175, target of Rs 160." "Just Dial has been in a very narrow range post a bit of decline. So, chances are this could break down further. This is a sell with a stop loss of Rs 730, target of Rs 705," he said. "Union Bank of India is a sell with a stop loss of Rs 111, target of Rs 100. It has been making a flat pattern, testing this Rs 100 zone a number of times but chances are at some point we will break below Rs 100." "On the buy side, yesterday, Zee Entertainment and CESC did not fall a whole lot. In fact by the end of the day they recovered quite a bit. So, Zee is a buy with a stop loss of Rs 430, target of Rs 455. CESC is a buy with a stop loss of Rs 540, target of Rs 572."