Aban Offshore is likely to break down below 500: Ashwani Gujral, Market Strategist

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

What is your take on Aban Offshore?

Aban Offshore is likely to break down below 500. So chances are that you will see levels of 480 coming in. It has been in a downtrend for a long time.