Moneycontrol
Last Updated : Jan 16, 2018 11:29 AM IST | Source: CNBC-TV18

Sell BPCL, Jet Airways; buy Ajanta Pharma: Ashwani Gujral

According to Ashwani Gujral of ashwanigujral.com, one may sell BPCL and Jet Airways.

CNBC TV18 @moneycontrolcom

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "BPCL is a sell with a stoploss of Rs 481 and target of Rs 460. Jet Airways is a sell with a stoploss of Rs 820, target of Rs 785. Ajanta Pharma is a buy with a stoploss of Rs 1,520, target of Rs 1,575."

He further added, "Capital First which rallied because of the news has come off another 4 percent, so definitely there is a problem there. In general NBFCs etc. all of them are coming under pressure."

"Yesterday there was some specific news but overall PSU banks if you see State Bank of India, Oriental Bank of Commerce, Punjab National Bank etc., all of them started falling. I think Federal Bank will probably close at the lows of the day, so that probably will help the Nifty on the downside," he said.
First Published on Jan 16, 2018 11:29 am
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