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Bajaj Hind has support at Rs 185: Gujral
Published on Thu, Nov 05, 2009 at 11:00   |  Updated at Thu, Nov 05, 2009 at 11:23  |  Source : CNBC-TV18

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."


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