Sintex Industries can retest 104 levels: Ashwani Gujral

Sintex had a pullback rally all the way up to 125 and so far there is no sign of the trend turning. We need to look for a sideways move.

In a chat with ET Now, Ashwani Gujral, Chief Market Strategist, ashwanigujral.com (Technical Check), shares his views on various stocks.

ET Now: What is the call on Sintex Industries?

Ashwani Gujral: It is difficult to take trading calls in midcaps because host of them are down 50-60%. Sintex had a pullback rally all the way up to 125 and so far there is no sign of the trend turning. We need to look for a sideways move. It is possible that it retest its recent lows of about 104. So, right now there is nothing positive.
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