Sell HCL Tech; target 470: Ashwani Gujral

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com in an interview with ET Now talks about HCL tech.

What are your trading ideas?

Now defensives will start getting beaten, the pharmas, techs, which have not fallen till now, they will get batched up. So HCL Tech sell with a stop of about 505, target of 470 is possible.