Sell Hexaware Technologies, Raymond; buy Motilal Oswal: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Capital First has been in some sort of a decline, trading very near its 200-day moving average. So, probably this is a zone where long term investors can accumulate. However, from a trading point of view, it is still possibly has Rs 20-25 on the downside."
He further added, "Hexaware Technologies is a sell with a stoploss of Rs 235 and target of Rs 220. Raymond is a sell with a stoploss of Rs 720 and target of Rs 680. Motilal Oswal Financial Services is a buy with a stoploss of Rs 1,220 and target of Rs 1,285."
"Satin Creditcare is likely to fall further. However, if I have to short something, I will probably still go with Bharat Financial or Equitas Holdings in this sector," he said.