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Prakash Gaba on February 11: Sell Reliance Industries & Ujjivan Financial Services

Updated : February 11, 2019 12:51 PM IST

The latest analysis and commentary by stock market guru Prakash Gaba on what is moving the markets today. Check out his top stock recommendations.

He spoke at length about Equitas Holdings, Repco Home Finance, Reliance Industries and Ujjivan Financial Services.

"I have two shorting ideas I will go with Reliance Industries, looks weak to me. Target on the downside is Rs 1,237 stop about Rs 1,272 should be fine. I have a sell on Ujjivan Financial Services, looks weak to me. Can see a slide to around Rs 240 zones stop about Rs 265."

“Equitas is certainly looking weak, can slide to around Rs 100 zone it is a matter of time, stop above Rs 113 should be fine. Repco Home Finance is looking weak. It has broken down, looks like Repoco Home Finance can slide to around Rs 340 zones, stop above Rs 380, even lower is possible in Repco Home, it looks certainly weak,” he said.

Follow stock recommendations by Prakash Gaba here: https://www.cnbctv18.com/author/prakash-gaba-117/

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
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