Tuesday 7 October 2008

Stay out of Gujarat NRE: Bhambwani

Technical Analyst, Vijay Bhambwani is of the view that one should stay out of Gujarat NRE Coke.

Bhambwani told CNBC-TV18, "I am not really very gung-ho about Gujarat NRE Coke, I think the stock might be fairly weak looking at the way it has been behaving in the past couple of sessions."

He further added, "Welspun Gujarat with the markets yes, it could see some amount of a pullback rally tomorrow or day after whenever the markets do happen to pick up but certainly stay out of Gujarat NRE Coke."

Source: Moneycontrol

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