Buy Crisil with upside target of 1050: Ashwani Gujral, Chief Market Strategist, ashwanigujral.com

In a chat with ET Now, Ashwani Gujral, Chief Market Strategist, ashwanigujral.com (Technical Check), shares his views on Crisil.

ET Now: What is the call on Crisil?

Ashwani Gujral: The benefit with Crisil is that it is owned largely by institutions. So, it generally tends to weather out these global downturns or even local market declines and it has been moving sideways in this 900-950 type of zone after a breakout on fairly good volume from about 880. So, chances are that whenever the market goes for an upswing, this could be one of the stocks which are leading it because still around the all time highs that it recently hit. That is a very positive stock if someone must go long. Along with your cement stocks and 2 wheeler, this also tends to figure into the list often. So, the upside target from here could be at least around 1050.