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Last Updated : Sep 28, 2017 11:16 AM IST | Source: CNBC-TV18

Sell Divis Lab, HPCL; buy Motilal Oswal Financial: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one may buy Motilal Oswal Financial Services.

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Divis Laboratories crossed its 200-day moving average. Now that 200-day is around Rs 750. If it stops at Rs 750 and starts to go back, then maybe you can look at it. However, given the market, given the way it has fallen yesterday, I think it would still be a short and possibly Rs 750 is the kind of target you have to look for."

"Oil marketing is clearly under pressure. So, HPCL is a sell with a stoploss of Rs 407 and target of Rs 380. Balrampur Chini Mills is a sell with a stoploss of Rs 164 and target of Rs 152. Motilal Oswal Financial Services is a buy with a stoploss of Rs 1,250 and target of Rs 1,290," he added.
First Published on Sep 28, 2017 11:06 am