Mar 20, 2017 08:05 AM IST | Source: CNBC-TV18

Tata Elxsi may touch Rs 1750, Whirlpool Rs 1300: Ashwani Gujral

Ashwani Gujral of feels that Tata Elxsi may touch Rs 1700-1750.

Ashwani Gujral of told CNBC-TV18, "We had one of those down sessions on IT when the rupee went up, but post that, IT recovered yesterday and particularly Tata Elxsi has crossed its 200-day moving average. So, out here, this could be one of the outperforming stocks in the tech space, target of Rs 1,700-1,750 is possible."

"Whirlpool has again broken out to fresh intermediate highs. So, out there, we should expect targets of Rs 1,250-1,300. Consumer this week has done very well and Mahindra & Mahindra Financial Services had a strong day on Thursday. Possibly next week, we should take out the 200-day moving average even here, so Rs 360-365 is a target."

"Non-banking finance companies (NBFC) have done well but these microfinance companies have not really participated, so this could be a flavour next week," he added.
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