Titagarh Wagon has support at Rs 380: Gujral

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Titagarh Wagon has support at Rs 380, says Technical Analyst, Ashwani Gujral.

Gujral told CNBC-TV18, "For Titagarh Wagon, you have support at Rs 380, maybe in a good railway budget situation it could get upto Rs 485-490. BEML is range bound; Rs 1,260 was the recent high that was a good time to get out."

He further added, "For Kernex Rs 159 is the stoploss and resistance here is about Rs 212. But these stocks have come from fairly lower levels. So anytime we would need to get into the railways, November is the good time to do it and by February you should be out."

Disclosure: No holdings in the above stocks.