HomeNewsBusinessStocksSell Tata Steel, PNB: Manas Jaiswal

Sell Tata Steel, PNB: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com recommends selling Tata Steel and Punjab National Bank.

January 14, 2015 / 15:56 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Manas Jaiswal of manasjaiswal.com told CNBC-TV18, "Tata Steel was taking support near to Rs 388 for last several months but now it has broken that support with higher volumes. The stoploss should be Rs 383 and target would be Rs 365."

"PNB is making lower tops and lower bottoms, in fact below 50 day moving average. So we must see further downside. It can touch Rs 194. So, one can go short with a stoploss of Rs 207," he added.

Story continues below Advertisement
first published: Jan 14, 2015 02:46 pm

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!