Bearish on Patni: Ashwani Gujral

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, in a chat with ET Now, speaks about Patni computer


Have you taken a look at the charts of Patni?

Patni has suddenly started declining and it moved in a range for long time till it was looking for a partner but now it is in a freefall kind of mode, so Rs 400 is now a key resistance and if it keeps falling this way, next stop could be closer to Rs 335 and then probably even Rs 300.