Uflex can see levels of 250: Ashwani Gujral, Market Strategist
Uflex fell from about 350, so levels of 250 even on a bounce back should be possible.
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| Ashwani Gujral, Chief Market Strategist, ashwanigujral.com in a chat with ET Now talks about Uflex.
What is your view on Uflex and VIP Industries?
VIP Industries is now doing a range of about 550 to about 800 and chances are that it will move towards levels of 750-800 in case the market holds up. Uflex saw a vertical fall and now vertical rally. It remains to be seen where this thing ends up. I would guess levels of 250 are possible given the way it is moving. It fell from about 350, so levels of 250 even on a bounce back should be possible.
What is your view on Uflex and VIP Industries?
VIP Industries is now doing a range of about 550 to about 800 and chances are that it will move towards levels of 750-800 in case the market holds up. Uflex saw a vertical fall and now vertical rally. It remains to be seen where this thing ends up. I would guess levels of 250 are possible given the way it is moving. It fell from about 350, so levels of 250 even on a bounce back should be possible.
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