Enter in Educomp around Rs 3500-3600: Gujral

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

Technical Analyst, Ashwani Gujral is of the view that one can enter in Educomp Solutions around Rs 3500-3600.

Gujral told CNBC-TV18, "Something like Educomp, its priced the best the budget could deliver on education, its already started correcting so its time to take profits and even if things get delivered, people will take profits so probably a good time to enter this stock when it will be back around Rs 3,500-3,600 levels, considering that it went up 40% in a week."

He further added, "Similarly stocks like DLF , you are seeing bearish pattern and from 4,150 we tried to make an attempt, went upto 4,450 and now we are slowly slumping down, so everything is making a lower top and now is coming down. So you need to be careful in all the stocks, the infrastructure, capital stocks and those QIP stocks because everywhere bearish patterns are visible, so from infrastructure and reality, its probably time to take some money off."