Subscribe to PRO at just Rs.33 per month. Use code SUPERPRO
Last Updated : Sep 27, 2016 11:21 AM IST | Source: CNBC-TV18

Sell SBI, Bharti Airtel, Torrent Pharmaceuticals: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com advises selling SBI, Bharti Airtel and Torrent Pharmaceuticals.

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Patel Engineering has had a massive rally, so in terms of a momentum style trade, that is fine but I don’t think it is great value now because it is fairly over extended and in a momentum trade it can easily give you Rs 130-135. However, keep a fairly strict stoploss say around Rs 96-97 zones."

He further added, "Torrent Pharmaceuticals is a buy with a stoploss of Rs 1,660 and target of Rs 1,710. State Bank of India is a sell with a stoploss of Rs 256 and target of Rs 240. Bharti Airtel is a sell with a stoploss of Rs 324 and target of Rs 300."
First Published on Sep 27, 2016 11:21 am