L&T may test Rs 2150: Gujral

Published on Tue, May 29, 2007 at 10:19 |  Source : Moneycontrol.com

Updated at Tue, May 29, 2007 at 15:33  

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Ashwani Gujral, Technical Analyst, .

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HDFC Bank | Larsen and Toubro |

Technical Analyst, Ashwani Gujral is of the view that Larsen and Toubro , L&T may test Rs 2150.

Gujral told CNBC-TV18, "Reliance could now start moving sideways. I think the market has enough to keep it up because stocks like BHEL, ABB, these stocks are making new highs. L &T made a new high yesterday and that is probably headed towards Rs 2,150 and Glaxo has broken out and now headed for Rs 1,460. HDFC Bank is looking strong. So you could have a sideways move on the large cap indices but more action will shift towards midcaps."

  

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