Exit Triveni Engineering at Rs 135: Gujral

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Exit Triveni Engineering at Rs 135: Gujral

Ashwani Gujral, Technical Analyst is of the view that one can exit Triveni Engineering at Rs 135.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Ashwani Gujral See what other Experts & Brokerages are saying about Triveni Engg See messages about Triveni Engg Triveni Engg BSE | NSE 30/05/12 Are Mutual Funds betting on Triveni Engg?

Ashwani Gujral, Technical Analyst is of the view that one can exit Triveni Engineering at Rs 135.

Gujral told CNBC-TV18, "It has some other news and there is stock specific news on Triveni Engineering but it has a broadish range of Rs 109 to about Rs 135. Unless it can take Rs 135 out, I won't say that it is out of the woods. Probably once the sugar division is separated, you will see engineering company doing much better. So not a buy but yes, around Rs 135, people can take money off."