Bajaj Hind has support at Rs 185: Gujral

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Bajaj Hind has support at Rs 185: Gujral

Bajaj Hindusthan has support at Rs 185, says Technical Analyst, Ashwani Gujral.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Ashwani Gujral See what other Experts & Brokerages are saying about Bajaj Hind See messages about Bajaj Hind Bajaj Hind BSE | NSE 10/02/12 Are Mutual Funds betting on Bajaj Hind?

Bajaj Hindusthan has support at Rs 185, says Technical Analyst, Ashwani Gujral .

Gujral told CNBC-TV18, "Frontline names - they are sort of range bound, they are not doing much and within the range they are quite volatile. So Bajaj Hindusthan, support around Rs 185; it tends to run upto Rs 235-240. For Balrampur Chini strong support is now at Rs 130, it reversed from there yesterday, so can go back to about Rs 150. Shree Renuka Sugars is doing range of Rs 178-220. I think the big gain in sugar is done; on bad days you will see lower end of support coming, on good days it will go and hit resistance. But I don't think you will get the rallies like the one we got earlier on."