Can buy Bombay Rayon: Ashwani Gujral, Market Strategist

Bombay Rayon has not really corrected in the entire correction - just moved sideways.

| Feb 14, 2011, 10.01 AM IST

In a chat with ET Now, Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, shares his views on Bombay Rayon.

What is your take on Bombay Rayon?

We can buy Bombay Rayon. It has not really corrected in the entire correction - just moved sideways. So we can buy this with a stop of about 232 and a target of 253 is likely here.

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