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Sell PC Jeweller, buy Tata Steel: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one may buy Tata Steel.

November 25, 2016 / 11:01 IST
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Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Chances are you should be long on both Hindalco Industries and Hindustan Zinc just for today's trade. Metals are opening about 0.8 percent higher. So, closer to resistance zones. I would think we would be taking profits on our metals positions in the open today."He further added, "Bharat Forge is a buy with a stoploss of Rs 900, target of Rs 945. Like I said it has taken out large bearish bar that it made recently. PC Jeweller is a sell with a stoploss of Rs 370, target of Rs 352.""Tata Steel is a buy with a stoploss of Rs 406, target of Rs 425. Indraprastha Gas (IGL) is a buy with a stoploss of Rs 835, target of Rs 860," he said.

first published: Nov 25, 2016 10:08 am

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