Bombay Rayon has not fallen: Ashwani Gujral, Market Strategist

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, in a chat with ET Now talks about BRFL.

What is your take on BRFL?

BRFL was a recommendation yesterday morning and Bombay Rayon has not fallen with the other mid-caps. In fact it went sideways. So any stock that goes sideways is a strong stock when the market is declining. So even 228 is a fairly good support and in this move, it should get up to 278-280.