Pantaloon Retail can climb another 8-10%: Ashwani Gujral
It seems that Pantaloon Retail is finding support at lower levels. So, it is possible that the stock could get up to 178-180
In a chat with ET Now, Ashwani Gujral, Fund Manager, Ashwanigujral.com (Technical Check), shares his views on various stocks.
ET Now: What is your call on Pantaloon Retail?
Ashwani Gujral: It seems that Pantaloon Retail is finding support at lower levels. There is some talk of news flow that may come in. So, it is possible that the stock could get up to 178-180, the levels where it consolidated earlier.
Those will be decent levels to book some profit because multi-brand retail may not happen as early as the aviation FDI. However, the stock looks in a good momentum and we could get another 8-10%.
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