Deccan Chronicle is an extremely volatile stock: Ashwani Gujral

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com (Technical Check) in a chat with ET Now talks about Deccan Chronicle.

On the charts Deccan Chronicle?

Deccan Chronicle is an extremely volatile stock and of late it is not able to participate in the upside rallies. Chances are that something is going wrong and finally the news will come but the stock is consistently breaking down. I think 55 is a key level now. In case 55 gets taken out then it is probably time for new lows on this stock and it could get down to as low as 38 to about 40.