SpiceJet a good bet: Ashwani Gujral
In SpiceJet, 27 is your final stop and if airlines do well, it should get up to levels of 47.
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| Updated: Ashwani Gujral, Chief Market Strategist, ashwanigujral.com in an interview with ET Now talks about SpiceJet.
SpiceJet on the charts?
These stocks have been hammered earlier, maybe SpiceJet would do better than Sun TV because Sun will have to stay in Tamilnadu while SpiceJet is more of a national company. So in SpiceJet, 27 is your final stop and if airlines do well, it should get up to levels of 47. While Sun could keep heading lower, maybe it will retest the recent lows it made at about 260-270.
SpiceJet on the charts?
These stocks have been hammered earlier, maybe SpiceJet would do better than Sun TV because Sun will have to stay in Tamilnadu while SpiceJet is more of a national company. So in SpiceJet, 27 is your final stop and if airlines do well, it should get up to levels of 47. While Sun could keep heading lower, maybe it will retest the recent lows it made at about 260-270.
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