Sell Andhra Bank: Ashwani Gujral, Market Strategist

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, in a chat with ET Now talks about Andhra Bank.

What is your take on Andhra Bank?

We sell Andhra Bank today with a stop of about 150 and a target of 135 is possible. Recommendations will work much better if the market starts breaking down, there is a possibility of crude crossing 100 at some point during the day. If the markets are choppy, obviously the calls would not work as well. So this is a caveat