1050 is possible on Maruti: Ashwani Gujral, ashwanigujral.com
Basically autos have entered a soft cycle. So there could have more downside. They would underperform in any rally.
By 
| Updated:
| Updated: Ashwani Gujral, Chief Market Strategist, ashwanigujral.com in an interview with ET Now talks about Maruti.
ET Now: What is the call on Maruti?
Ashwani Gujral: It will at some point hit levels of 1050. It had a range of 1200 to 1350. So 1050 is possible on Maruti. Basically autos have entered a soft cycle. So there could have more downside. They would underperform in any rally.
ET Now: What is the call on Maruti?
Ashwani Gujral: It will at some point hit levels of 1050. It had a range of 1200 to 1350. So 1050 is possible on Maruti. Basically autos have entered a soft cycle. So there could have more downside. They would underperform in any rally.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
