Mar 01, 2018 03:06 PM IST | Source: CNBC-TV18

Sell Reliance Infrastructure, UPL; buy Godrej Consumer: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can sell Reliance Infrastructure and UPL and can buy Godrej Consumer Products.

CNBC TV18 @moneycontrolcom

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Reliance Infrastructure is a sell with a stop loss of Rs 452 and target of Rs 435. UPL is a sell with a stop loss of Rs 730 and target of Rs 705. Godrej Consumer is a buy with a stop loss of Rs 1,050 and target of Rs 1,130."

"Tata Power went up to as high as Rs 100, again fell back to Rs 85. Broadly it is Rs 80-100 type of stock. I do not think most news flows really change the trend on Tata Power," he said.

"NIIT Technologies is a buy with a stop loss of Rs 847 and target of Rs 870. IIFL Holdings is a buy with a stop loss of Rs 790 and target of Rs 825. Reliance Power is a sell with a stop loss of Rs 46 and target of Rs 38."