Wait and watch for DTH stocks: Ashwani Gujral

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, in a chat with ET Now, gives his stock calls


How sustainable is the move on Dish TV as well as Sun TV looking?

If the market starts breaking down, all bets should be off. While Dish TV is strong because of cable bill, I do not think it will go past probably Rs 70 in a hurry because overall the pattern that it has formed is not too bullish. Sun TV can outperform the market because it has done its falling to a large extent but if the market collapse, chances are it could test its recent lows of about RS 235-240.