Tuesday 11 November 2008

NTPC looks stronger: Gujral

Technical Analyst, Ashwani Gujral is of the view that NTPC is the strongest power stock.

Gujral told CNBC-TV18, "NTPC is probably the strongest power stock and one can buy it around Rs 130-135. That has the potential of doing Rs 155-160 in sort of bounceback but that has a certain caveat that the market needs to hold 2860 for that to happen."

Source: Moneycontrol

No comments:

Post a Comment

DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.