Buy TTK Prestige on decline: Ashwani Gujral
TTK Prestige is forming higher bottoms so as long as we are able to hold on to Rs 2600 the stock is still in consolidation.
What is your call on Voltas, TTK Prestige and Century Textiles?
Voltas was a sell in the morning. The stock rallied from about Rs 70 to Rs 130. TTK Prestige is forming higher bottoms so as long as we are able to hold on to Rs 2600 the stock is still in consolidation. It is unable to close sustainably above Rs 3200, so on declines if you have to buy something you would much rather buy a TTK than a Voltas. Century has fairly volatile moves but it is a much stronger stock when things which are collapsing 7%, 8%, 10%. In case the market goes down everything will go down but chances are that stocks like Century will hang on to their previous intermediate bottoms of Rs 290-300.
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