MindTree can go upto Rs 615: Gujral

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MindTree can go upto Rs 615: Gujral

Technical Analyst, Ashwani Gujral is of the view that MindTree can see Rs 615.

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

Technical Analyst, Ashwani Gujral is of the view that MindTree can see Rs 615.

Gujral told CNBC-TV18, "MindTree looks very good because that had all the bad news in the last quarter. This stock is rising from its 200 day moving average (DMA) so from risk reward basis this is much better than the largecap stocks, which haven't corrected a whole lot, so around Rs 530 if one keep a stop one could easily see levels of Rs 615 and maybe even Rs 650 on this."