Prakash Industries in a clear downtrend: Ashwani Gujral, Market Strategist

Prakash Industries needs to do a lot more work before it can really qualify as some kind of a buy.

| Feb 15, 2011, 06.36 PM IST

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, in a chat with ET Now talks about Prakash Industries.

What is your take on Prakash Industries?

Prakash Industries is in a clear downtrend. It needs to stay past 100 to sustain any kind of a huge uptrend. It needs to do a lot more work before it can really qualify as some kind of a buy.

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