Opportunity to buy in Titan: Ashwani Gujral, Ashwanigujral.com

Ashwani Gujral, Fund Manager, Ashwanigujral.com, in a chat with ET Now, gives his ciews on Titan.

ET Now: What is the call on Titan?

Ashwani Gujral: I do not think there is much weakness on the charts here and maybe these downgrades will create an opportunity to buy in Titan. It has made a fairly decent base at those 215-220 type of levels and if it gets there because of this, it would be a clear buy. Broadly, once Titan crosses this 245-250 decisively, there will be a Rs 100 upside. It has been consolidating in this 150 to about 250 type of band for probably an year or so. So, on declines for the moment it is still a buy. There is no visible breakdown on the chart.