Balaji Telefils has been in a downtrend: Ashwani Gujral

Balaji Telefilms has been in deep downtrend. It has found support around these Rs 28 to 30 levels. Chances are that something substantial will happen only if it starts to cross Rs 42-43. Otherwise it is a small cap range bound type of stock.

| Updated: Dec 01, 2011, 04.23 PM IST

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, gives his call on Balaji Telefilms

What is the call on Balaji Telefilms

Balaji Telefilms has been in deep downtrend. It has found support around these Rs 28 to 30 levels. Chances are that something substantial will happen only if it starts to cross Rs 42-43. Otherwise it is a small cap range bound type of stock.

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