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Buy Cairn India on every decline: Gujral

Published on Wed, May 14, 2008 at 16:24 , Updated at Wed, May 14, 2008 at 16:34
Source : moneycontrol.com

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Technical Analyst, Ashwani Gujral is of the view that one should buy Cairn India on every decline. Any decline towards Rs 270, it needs to be bought.

Gujral told CNBC-TV18, "Cairn is something that I would buy on every decline. Any decline towards Rs 270, it needs to be bought. Above Rs 306 we are maintaining our target at about Rs 360."

Share Price Movement During The Last 12 Months
Period Price Latest Price Gain/Loss (Rs.) % Gain/Loss
3-Days 273.95 284.25 10.30 3.76
5-Days 278.45 284.25 5.80 2.08
7-Days 259.10 284.25 25.15 9.71
15-Days 258.90 284.25 25.35 9.79
1-Month 244.90 284.25 39.35 16.07
3-Month 205.40 284.25 78.85 38.39
6-Month 205.50 284.25 78.75 38.32
9-Month 145.50 284.25 138.75 95.36
1-Year 135.20 284.25 149.05 110.24

 

 

 

 

 

 

 

 

 

Disclosure: The analyst has long positions on Nifty.

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Cairn urges Ministry to decide fast on nominee refineries

Cairn India Ltd (CIL) has approached the Petroleum Ministry to take an early call on the refineries it will nominat...

in Cairn India - Harikrishnan at 18-Nov-08 09:47

Cairn down taget=60....

Any news OR special reason for the projected downside much? ...

in Cairn India - ar_akm at 18-Nov-08 06:32

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