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Stay away from SAIL

Published on Fri, Sep 15, 2006 at 12:24 |  Source : Moneycontrol.com

Updated at Fri, Sep 15, 2006 at 14:21  

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Technical Analyst, Ashwani Gujral is of the view that one should stay away from Steel Authority of India now. 

Gujral told CNBC-TV18, "One needs to ignore Steel Authority of India, SAIL and metals for now. I think they are pretty rangebound. SAIL is rangebound between Rs 70 and Rs 80. In case it breaks Rs 70, it could go all the way down to about Rs 64. So one need to be away from metals for now."

  

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