Neyveli Lignite can touch Rs 175-180: Gujral

Published on Friday, November 13th, 2009 at 10:47 PM
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Author: stockalert (2026 Articles)

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Neyveli Lignite Corporation can touch Rs 175-180, says Technical Analyst, Ashwani Gujral.

“Neyveli Lignite had a huge breakout above Rs 150. So today if it can start moving back higher, it could get upto those levels of Rs 175-180.”

He further added, “Commercial vehicles are now picking up from where passenger vehicles left off. So clearly on declines to about Rs 48-50, if Ashok Leyland can be bought, you could see levels of Rs 61 coming in.”

Source : MoneyControl

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