Infra space doesn't inspire confidence: Ashwani Gujral

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, in a chat with ET Now, gives his views on HDIL


Have you looked at the charts of HDIL today and any other counters from the realty/infra pack that one can keep on the radar?

These are avoidable stocks. HDIL is trading in a broad kind of range between Rs 170 and may be Rs 145. If we can take out Rs 170 consistently then may be we will head up to levels of Rs 200 but infra realty in a rising rate kind of environment you would like to keep away from them. If you must be in infrastructure be with BHEL, Larsen etc. you will probably lose less money but overall I do not think infra or realty really inspires confidence.