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ASHWANI GUJRAL NEWS
When Ashwani Gujral predicted current stock market selloff just a few days ago"Market was in a range and now there is downside expansion. There is no space offering support to Indian markets, banks, RIL or IT. In a fe...
Noted stock market analyst Ashwani Gujral passes away: ReportApart from the books, Gujral has written for US-based magazines and journals on trading and technical analysis. Before simplifying trading ...
Expect Nifty to move closer to 9,000 level once the good news comes in: Ashwani Gujral'When the good news starts coming, I would not be surprised if the market can take 8650 out and move closer to 9000.'
No fall on a bad day suggests our markets are strong: Ashwani GujralThe stop loss for Nifty has now moved to 8,195 from 7,950 level; chances are that only few people are now trapped with shorts, says Gujral.
Nifty may trade in 8,500-9,000 zone: Ashwani GujralGujral believes that Nifty may not touch 9,000 mark in a hurry. He is of view that the market will turn rangebound. He sees Nifty between 8...
Avoid Financial Technologies; bet on Cipla instead: Ashwani GujralI would rather get into a Cipla, which is now making fresh highs for the day and is coming out of a really serious correction.
Market’s trajectory fairly clear on downside: Ashwani Gujral"There are chances that we will finally head down that is clearly indicated by the momentum and market breadth."
- Good news should be expected in a month's time: Ashwani Gujral
The odds are that 5150-5200 will take some breaking, says Ashwani Gujral.
Expect correction below 6040: Ashwani Gujral"News is not relevant in a market. The market momentum was coming down even before yesterday."
- Sell Divi's Lab with target of 1100: Ashwani Gujral
Divi's Lab has gapped down from a rally on the basis of some news and that has triggered off a sell with a stop of about 1175 and a target ...
- Buy Reliance Infra on declines with a target of 600: Ashwani Gujral
Overall, chances are that it will get fairly close to 600. So on declines, this remains a buying stock.
- Kingfisher Airlines is likely to correct 5-8%: Ashwani Gujral
For Kingfisher Airlines, 25-26 could provide a support but we should wait for the stock to have a 3 to 5-day type decline and then get into...
- Jet Airways can go down to 300-310 levels: Ashwani Gujral
Jet Airways could get down to 300 to 310 levels. We can try to buy it
- Reliance Industries can move up by 25-30 levels: Ashwani Gujral
Reliance will have some more short covering to go. However, given that this has happened on news, the short covering may lead up to 810-815
- Buy Jet Airways with price target of 245: Ashwani Gujral
Buy Jet Airways. It is up 10% but I am still recommending it because aviation is a space where not all shocks may have been covered
- Avoid Ranbaxy; bullish on Sun Pharma, Cipla: Ashwani Gujral
I would avoid Ranbaxy for the moment as it is too much news driven.
- Sell Tata Motors with target of 840: Ashwani Gujral
We can sell this stock with a stop of about 968 and a target of 840 on news of some excise hikes in diesel vehicles.
- Buy ACC around 920 to 950: Ashwani Gujral
ACC around probably 920 to 950 comes into a buy zone. So once the news is out, it is a loser’s game to act on that news.
- Bharti could see levels of 430-435: Ashwani Gujral
In a chat with ET Now, Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, gives his views on Bharti.
- Bajaj Finserv is the strongest amongst financial space: Ashwani Gujral
Straightaway out of the three Bajaj Finserv is the one that is the strongest rest IFCI, JM etc. they have all been beaten up and one day’s ...