Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Petronet LNG is one of the strongest stocks and now that is breaking down. So it is a sell with a stop loss of Rs 240 for target of Rs 224. Axis Bank which was earlier weak had a good day on Monday this can be sold with a stop loss of Rs 401 for target of Rs 385.""YES Bank is also a sell with a stop loss of Rs 710, target of Rs 685. From an intraday perspective, intraday shorts should be covered if 6980-6990 holds on," he said.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!