Take some profit in Panacea Biotec at Rs 240: Gujral

Published on Wed, Jul 21, 2010 at 13:45 |  Source : CNBC-TV18

Updated at Wed, Jul 21, 2010 at 15:07  

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Ashwani Gujral, Technical Analyst

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Overall Panacea Biotec has been on a range for a long time. At Rs 240 maybe people should take some profits of, says Technical Analyst, Ashwani Gujral .

Gujral told CNBC-TV18, "Panacea Biotec has been doing this range of Rs 160 to Rs 240. Only if it can get past Rs 240 can we see levels of Rs 300 to Rs 320. But overall it has been on a range for a long time. At Rs 240 maybe people should take some profits of."

  

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