Avoid Gokaldas Exports: Ashwani Gujral
It has done well today, but Gokaldas has not really participated in any kind of rally over the last one year.
By 
|
| ET Now spoke to Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, on his views on Gokaldas Exports.
If you have been tracking Gokaldas Exports on the charts?
It has done well today but overall again flash in the pan type of rallies. It has been flat for a long time between say about Rs 90 and Rs 112. Once we can get pass Rs 112 then probably you start looking at higher levels of probably as close to Rs 145-Rs 150. But if you have to be in exporters, I think Gitanjali Gems is the best of the lot. The gems and jewellery type exporter or consumption type export. Gokaldas has not really participated in any kind of rally over the last one year.
If you have been tracking Gokaldas Exports on the charts?
It has done well today but overall again flash in the pan type of rallies. It has been flat for a long time between say about Rs 90 and Rs 112. Once we can get pass Rs 112 then probably you start looking at higher levels of probably as close to Rs 145-Rs 150. But if you have to be in exporters, I think Gitanjali Gems is the best of the lot. The gems and jewellery type exporter or consumption type export. Gokaldas has not really participated in any kind of rally over the last one year.
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
