Decline in Deccan Chronicle seems to have ended: Ashwani Gujral, Market Strategist

Chances are Deccan could get into that Rs 78-80 kind of resistance zone before it decides the next course of action.

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

What is your take on Deccan Chronicle?

In Deccan, once there were indications that the decline is ending, there may not be a sustainable uptrend. But the decline - a sharp one of Rs 50-60 - right from Rs 114 to about levels of Rs 50 seems to have ended and chances are Deccan could get into Rs 78-80 kind of resistance zone before it decides the next course of action.
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