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Sell Jubilant FoodWorks & UPL, says stock analyst Kiran Jadhav

Updated : May 06, 2019 01:55 PM IST

The latest analysis and commentary by stock market guru Kiran Jadhav of kiranjadhav.com on what is moving the markets today.

He also spoke at length on Jubilant FoodWorks and UPL.

“There are couple of stocks which look to me very weak. One of them is Jubilant FoodWorks. Derivative data is also pretty weak. Here we have a stop loss of Rs 1,313 for the May futures, go short is my call and target for today should be Rs 1,272. The second trade is UPL, here also I have short call on UPL, it should be a positional trade for today and tomorrow and we expect UPL to move down to levels of Rs 936-931 for May futures and a stop loss of Rs 955 is suggested.”

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.
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