Bombay Dyeing could head towards 535 level: Ashwani Gujral, Fund Manager, Ashwanigujral.com

In a chat with ET Now, Ashwani Gujral, Fund Manager, Ashwanigujral.com, gives his views on Bombay Dyeing.

ET Now: Just a one quick word on Bombay Dyeing at 548-549?

Mitesh Thacker: My sense is that the stock could head towards critical supports at levels of 535 to 532. If that is broken, we might be looking at levels of 500 to about 480 on the downside.