Gujral told CNBC-TV18, "Zensar Technologies is an amazingly strong stock. It never corrects when the market does so. So you could have a target of about Rs 323 and a stoploss of about Rs 293."
He further added, "Overall on the market, we are doing this narrow range of 5,050-5,110 on the Nifty and when you have these narrow ranges at the top of a move that is never a good sign. Also what you were speaking about earlier that the correlation between equity and dollar index is breaking down; when that happens, things sort of change, so people should keep close stops from here."