HDFC Bank may hit Rs 1600, Eicher Motors Rs 27000: Ashwani Gujral

Name: HDFC Bank may hit Rs 1600, Eicher Motors Rs 27000: Ashwani Gujral
Uploaded: 2017-03-30T16:22:57+05:30
Description: Ashwani Gujral of ashwanigujral.com is of the view that HDFC Bank may hit Rs 1600 while Eicher Motors may test Rs 27000.

Ashwani Gujral of ashwanigujral.com is of the view that HDFC Bank may hit Rs 1600 while Eicher Motors may test Rs 27000.

March 30, 2017 / 16:35 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "The interesting bit is that Uday Kotak did not announce any acquisition. NPA – we are waiting for last five days, nothing concrete but still the bank Nifty rallies. So, that shows that with or without news it is moving on."

"I think HDFC Bank since morning was showing a breakout and next target here could be Rs 1580-1600."

"Similarly, Eicher Motors again is a slow starter, it didn’t really participate in this rally and now is moving on. So, maybe Rs 26500-27000 is likely on Eicher," he said.

first published: Mar 30, 2017 04:22 pm

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