Don't buy United Spirits unless it trades above 2750: Ashwani Gujral
As far as the market is concerned so far it is up but we need to see whether we are able to gain further ground, says Ashwani Gujral.
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In a chat with ET Now, Ashwani Gujral, Fund Manager, Ashwanigujral.com, shares his views with on United Spirits.
ET Now: What is your call on United Spirits, at 2500 what would you do with the stock?
Ashwani Gujral: It is a side-way stock, it has remained between 2350 and 2750. It has these large moves but often nothing much comes out of them. So unless it trades above 2750 or closer to 2350, I do not think there is much cause for buying the stock.
ET Now: What is your call on United Spirits, at 2500 what would you do with the stock?
Ashwani Gujral: It is a side-way stock, it has remained between 2350 and 2750. It has these large moves but often nothing much comes out of them. So unless it trades above 2750 or closer to 2350, I do not think there is much cause for buying the stock.
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