Tuesday 7 October 2008

Balrampur Chini may test Rs 85: Gujral

Technical Analyst, Ashwani Gujral feels that on the bounce back Balrampur Chini may test Rs 85. It’s standing right at support Rs 68-70.

Gujral told CNBC-TV18, "Balrampur Chini is the sugar stock that is holding up. So if you had to buy sugar probably this would be the choice. Its standing right at support Rs 68-70, probably a bounce back from here could make it go up to Rs 85 levels odd. But broadly sugar is off the radar."

Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the above stock/sector.

Source: MoneyControl

Posted by Harsh at 00:23

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