Do not consider closing to be above 7850 in next few days: Ashwani Gujral

In an interview with ET Now, Ashwani Gujral, Fund Manager, Ashwanigujral.com, shares his market outlook.

ET Now: Your thoughts on where we go from here?

Ashwani Gujral: Well for the next few days I do not think you should consider this closing to be above 7850 because it is not very decisive but it appears that the market is now finding consistent support at 7500-7600 in Nifty, and a move up to 8200 should not be out of ordinary and neither would it change trend.

The market really gets back into its original bull market above 8200 below that it remains choppy but I believe that given the market breadth and the way all the dices are now participating post the event we should have some sort of a rally.