Can buy Dabur: Ashwani Gujral, Market Strategist
Do not want to play that 50-70-point laborious up move with spikes of selling coming in.
By 
|
| Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, in a chat with ET Now gives his outlook on the market.
What would be your position on the Nifty? What is your take on Dabur?
I like to play the market in the direction of the intermediate trend which is down. So I do not want to play that 50-70-point laborious up move with spikes of selling coming in. I would much rather play individual stocks if I have to.
You can buy something like Dabur with a stop of about 97 and a target of 110 is possible. Petronet LNG has not fallen a lot. One can buy it with a stop of about 115. On a good day, you may get closer to 130.
What would be your position on the Nifty? What is your take on Dabur?
I like to play the market in the direction of the intermediate trend which is down. So I do not want to play that 50-70-point laborious up move with spikes of selling coming in. I would much rather play individual stocks if I have to.
You can buy something like Dabur with a stop of about 97 and a target of 110 is possible. Petronet LNG has not fallen a lot. One can buy it with a stop of about 115. On a good day, you may get closer to 130.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
