Bearish on Titan Industries: Vijay Bhambwani

My focus would be on the short on Titan Industries primarily for the reason that its stock price is correlated with gold and gold is down now.

| Updated: Sep 26, 2011, 11.27 AM IST

Vijay Bhambwani, Author, CEO, BSPLindia.com, in a chat with ET Now, gives his views on Titan Industries

What is your view on Titan Industries?

My focus would be on the short on Titan Industries primarily for the reason that its stock price is correlated with gold and gold is down now. I would attempt to short near Rs 221 levels keeping a stop at Rs 224 expecting to book profits between Rs 217 to 215.

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