Bullish on Century Textiles but Arvind, Raymond are better performers: Ashwani Gujral

In a chat with ET Now, Ashwani Gujral, Chief Market Strategist, ashwanigujral.com shares his views about Century Textiles.

ET Now: What is the call on Century Textiles?

Ashwani Gujral: All of these textile stocks are coming back. So Century could also get to levels of about 300 and can be bought with a stop of about 274. These stocks declined fairly sharply in the last session, so maybe this is just a pullback rally. But it could be a substantial pullback rally because extent of the fall was quite huge.

If I have to choose amongst all of textile stocks then probably Arvind is the strongest, followed by Raymond and then Century Textiles.