Suzlon Energy has target of Rs 228: Gujral

Published on Thu, Jun 25, 2009 at 11:21 |  Source : CNBC-TV18

Updated at Thu, Jun 25, 2009 at 12:52  

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Ashwani Gujral, Technical Analyst, ,

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Technical Analyst, Ashwani Gujral is of the view that Suzlon Energy has target of Rs 228.

Gujral told CNBC-TV18, "In Suzlon Energy one needs to be long and the next target here is about Rs 228. It's completed a correction; it could go back up to Rs 143."

He further added, "In Jaiprakash Hydro-Power Rs 85 is a strong support. One could expect levels of about Rs 108-109 and then even Rs 125-130 provided corporate action remains positive."

Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the above stock/sector.

  

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