Go with Sterlite, DLF, Rel Capital, says Gujral
Published on Wednesday, May 27th, 2009 at 3:48 PMAuthor: admin (5507 Articles)
Technical Analyst, Ashwani Gujral said, “One can probably go with the stronger groups something like a Sterlite, in real estate a DLF, and probably Reliance Capital type of stocks because the market is finding it tough to get beyond 4250, so within a consolidation you try to avoid buying gap ups on the Index.”
“Well the way we are going about it is that if we would have got in a gap down that would have been a much better place. Now you probably go with the stronger groups something like a Sterlite, in real estate a DLF, and probably Reliance Capital type of stocks because the market is finding tough to get beyond 4250, so within a consolidation you try to avoid buying gap ups on the Index.”
Source : MoneyControl
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