Be cautious towards Den Networks: Ashwani Gujral

Den has bounced back from 35 towards 70 but we have to be cautious on such stocks which were trading at 240 and now came down to 35 and from 35 gone to 70.

| Updated: Sep 27, 2011, 03.59 PM IST

In a chat with ET Now, Ashwani Gujral, Chief Market Strategist, ashwanigujral.com (Technical Check) shares his views on various stocks.

ET Now: What is your call on Den Networks?

Ashwani Gujral: Den has bounced back from 35 towards 70 but we have to be cautious on such stocks which were trading at 240 and now came down to 35 and from 35 gone to 70. They do not inspire too much confidence.

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