Sell HUL, Jet Airways; buy Arvind, BPCL, TVS Motor: Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Hindustan Unilever (HUL) has been going down consistently and it won’t be wrong to call this some sort of a bearish trend because it has given up a lot since Rs 950. So, that is a sell with a stop of Rs 840 and target of Rs 810. Generally stocks tend to show some upside before results particularly if they have fallen but it actually fell even more yesterday which means somebody knows something." "Jet Airways has been bearish since crude started moving higher. So that is a sell with a stop loss of Rs 470 and target of Rs 445," he said. "The interesting bit here is Arvind. It has made a massive bar yesterday and generally once these sort of bars are made, there are chances of follow through because these are made by large players. So, Arvind, even if we do correct, maybe a medium-term buy has been triggered here. So, this is a buy with a stop loss of Rs 380 and target of Rs 450." "BPCL is a buy with a stop loss of Rs 680 and target of Rs 705. TVS Motor consistently has shown upside; that is a buy with a stop loss of Rs 400 and target of Rs 425."