No bull run in Dish TV: Ashwani Gujral

ET Now spoke to Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, about Dish TV.

Dish TV Rs.69 are you bullish, are you bearish?

There is not much difference between the telecom sector and the cable TV sector. Most of the time they have to give freebies to sustain their business so yes Dish TV is doing a range of about 55 to about 78, once it gets pass 78 may be another Rs.25 on the upside, say 100-102 but that will be difficult. If I got in around 55 the World Cup is over and so should this trade and you probably take your profits off. I cannot see a blistering bull run in Dish TV started at the moment.