Avoid Sujana Towers for now: Ashwani Gujral

Sujana Towers does these 10-15% type of moves quite often. It is moving sideways between say about 26 to about 44.

In a chat with ET Now, Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, talks about Kiri Dyes, United Breweries and Sujana Towers.

Kiri Dyes, United Breweries, Sujana Towers, small-cap stocks but the volumes are fairly active on these three. Have you looked at them, particularly Sujana Towers?

Sujana Towers does these 10-15% type of moves quite often. It is moving sideways between say about 26 to about 44. We need to get past 44 for say a large move to come in, which could be 20 bucks. I would doubt this kind of move to sustain given the situation of the market. Whenever there is some stability, small caps, mid caps tend to fly like this but overall no particular trend in this stock.
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