Dena Bank has target of Rs 95-97: Gujral

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Dena Bank has target of Rs 95-97: Gujral

Technical Analyst, Ashwani Gujral is of the view that Dena Bank has target of Rs 95-97.

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ALSO READ See previous views by Ashwani Gujral See what other Experts & Brokerages are saying about Dena Bank See messages about Dena Bank Dena Bank BSE | NSE 10/02/12 Are Mutual Funds betting on Dena Bank? Other Stocks in this news Chambal Fertilisers and Chemicals |

Technical Analyst, Ashwani Gujral is of the view that Dena Bank has target of Rs 95-97.

Gujral told CNBC-TV18, "Dena Bank consolidated around Rs 80 levels and now it is moving up. So Rs 95 to Rs 97 is the next target here, on the weakest day it has shown strength, so that augurs well."

He further added, " Chambal Fertilisers and Chemicals is still in that Rs 46-47 to about Rs 60-61 kind of range. So, I don't think it will make spectacular moves before it can cross Rs 61."