Buy Aban Offshore around 520: Ashwani Gujral

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com (Technical Check), in a chat with ET Now, gives his call on Aban Offshore.

What is your call on Aban Offshore?

Aban Offshore is fast heading towards 520 which was the previous low in spite of crude prices which are moving higher. If you must, buy Aban Offshore around 520, you can probably keep a Rs 20 stop and try to buy it because crude prices have started moving higher and it has some correlation to that but overall downtrend.