IDFC a decent buy towards declines od 120-125: Ashwani Gujral, Market Strategist

Ahwani Gujral, Chief Market Strategist, ashwanigujral.com, in a chat with ET Now talks about IDFC.

What is your take on IDFC, Reliance Capital and Indiabulls Finance?

Probably IDFC is the best of the lot. On all kind of declines towards 120-125, it becomes a decent buy. It needs to cross levels of 150 to move further.

Reliance capital has problems of the Group not as much the stock. But around 390-400, it finds support. It must get past levels of 500-510 to really signal an uptrend. I don't track Indiabulls Finance.