HomeNewsBusinessStocksSell HDFC Bank, Mindtree; buy Bajaj Auto: Ashwani Gujral

Sell HDFC Bank, Mindtree; buy Bajaj Auto: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can sell HDFC Bank and Mindtree and buy Bajaj Auto.

July 08, 2016 / 12:14 IST
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Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "You can sell HDFC Bank with a stop loss of Rs 1,180 for target of Rs 1,140. Bajaj Auto and Hero MotoCorp are doing well toady, so Bajaj Auto is a buy with a stop loss of Rs 2,600 for target of Rs 2,720. Mindtree is a sell with a stop loss of Rs 660 for target of Rs 635.""India Cements has had a good strong last few months, so may be if it does correct to say Rs 97-100 those would be good levels. The level of Rs 112 is a nice stop loss and you need to trail you stop losses. Once your trailing stop loss gets hit that is when you get out not because the run-up has been quite a bit because cement probably is going to be the sector for the next six months to a year," he said.

first published: Jul 8, 2016 12:14 pm

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