Buy Tata Elxsi with a stop loss of 286: Ashwani Gujral

Midcap IT has done well. The dollar index is moving higher and Tata Elxsi after 3 up days had a bit of a rest on Thursday. Chances are that the trend could continue.

ET Now spoke to Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, on his take on Tata Elxsi.

Your call this morning is Tata Elxsi one line on that why?

Midcap IT has done well. The dollar index is moving higher and Tata Elxsi after 3 up days had a bit of a rest on Thursday. Chances are that the trend could continue today so Tata Elxsi we can buy with a stop of about 286 and days worth of target could be closer to 309.
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