HomeNewsBusinessStocksSell Tech Mahindra, LIC Housing, Jubilant Food: Ashwani Gujral

Sell Tech Mahindra, LIC Housing, Jubilant Food: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends selling Tech Mahindra, LIC Housing Finance and Jubilant Foodworks.

May 04, 2016 / 09:41 IST
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Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Basically, Tech Mahindra is a short because CNX IT is looking extremely weak. Most of the tech stocks have not really participated in the previous rally. So, this is a sell with a stop loss of Rs 472 for target of Rs 450.""All housing stocks went up so, whatever went up is going to have a correction. LIC Housing Finance is a sell with a stop loss of Rs 460, target of Rs 435," he said."Jubilant Foodworks is a sell with a stop loss of Rs 1,165, target of Rs 1,120. The sells are more only because this is a day trading view. On a positional basis, we would be buying some of these stocks."

first published: May 4, 2016 09:41 am

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