Keep away from VisualSoft: Gujral

Published on Tue, Dec 26, 2006 at 13:19 |  Source : Moneycontrol.com

Updated at Tue, Dec 26, 2006 at 13:37  

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Technical Analyst, Ashwani Gujral is of the view that one should keep away from VisualSoft unless it maintains above Rs 100 for many sessions.

Gujral told CNBC-TV18, "VisualSoft is a midcap story, which has gone a little sour. The stock is trying to bottom out between this 65 and 100 range. I think Polaris was at this sort of a situation probably six months back. It needs to maintain above this Rs 98-100 before you can say that the stock has bottom out for good and then it should probably head for about Rs 140. But before it closes decisively above a Rs 100 for many sessions, I would keep away from the stock."

  

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