HomeNewsBusinessStocksSell Maruti, ITC, HDFC; buy Jindal Poly: Sandeep Wagle

Sell Maruti, ITC, HDFC; buy Jindal Poly: Sandeep Wagle

Sandeep Wagle of powermywealth.com recommends selling Maruti, ITC and HDFC and advises buying Jindal Poly.

April 08, 2016 / 10:52 IST
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Sandeep Wagle of powermywealth.com told CNBC-TV18, "I have a sell on Maruti Suzuki with a stop loss of Rs 3,510 and target of Rs 3,385. The stock which is weak for the past couple of days is likely to continue the weakness for the next couple of days. So, I would be a seller on rally." "A sell in ITC which has given a very clear breakdown. I would sell it with a stop loss of Rs 324 and target of Rs 311. HDFC which gave a breakdown yesterday, today is moving sideways. This is an opportunity to sell the stock with stop loss of Rs 1,086 and target of Rs 1,035," he said."A stock in the midcap or maybe smallcap, a buy in Jindal Poly which can move up. Buy it with a stop loss of Rs 460 and target of Rs 518."

first published: Apr 8, 2016 10:28 am

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