Neyveli Lignite can touch Rs 175-180: Gujral

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Neyveli Lignite can touch Rs 175-180: Gujral

Neyveli Lignite Corporation can touch Rs 175-180, says Technical Analyst, Ashwani Gujral.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Ashwani Gujral See what other Experts & Brokerages are saying about Neyveli Lignite See messages about Neyveli Lignite Neyveli Lignite BSE | NSE 13/02/12 Are Mutual Funds betting on Neyveli Lignite?

Neyveli Lignite Corporation can touch Rs 175-180, says Technical Analyst, Ashwani Gujral .

Gujral told CNBC-TV18, "Neyveli Lignite had a huge breakout above Rs 150. So today if it can start moving back higher, it could get upto those levels of Rs 175-180."

He further added, "Commercial vehicles are now picking up from where passenger vehicles left off. So clearly on declines to about Rs 48-50, if Ashok Leyland can be bought, you could see levels of Rs 61 coming in."