Uflex is a strong stock: Ashwani Gujral
The polyfilm sector overall does not seem to have strength but Uflex could have some kind of incremental strength.
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| Updated: Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, in a chat with ET Now, gives his views on Uflex
What is the call on Uflex?
The polyfilm sector overall does not seem to have strength but Uflex could have some kind of incremental strength. The chart suggests that it could probably move towards Rs 225-230 but that seems to be more of an individual case rather than earlier when the whole sector used to move up day after day. Uflex is a strong stock. It can be bought with a stop of about Rs 187 to about Rs 190.
What is the call on Uflex?
The polyfilm sector overall does not seem to have strength but Uflex could have some kind of incremental strength. The chart suggests that it could probably move towards Rs 225-230 but that seems to be more of an individual case rather than earlier when the whole sector used to move up day after day. Uflex is a strong stock. It can be bought with a stop of about Rs 187 to about Rs 190.
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