Buy Tata Elxsi at around Rs 1700: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Results has led to this sort of a move in Tata Elxsi. Now at lower levels, probably Rs 1700-1750 is strong support and we should get there. Overall, it remains rangebound between say Rs 1700 and Rs 2250. So, around Rs 1700 you buy it and then probably try to trade it above Rs 2000."Tata Elxsi closed at Rs 1,913.05, down Rs 125.10, or 6.14 percent. It has touched an intraday high of Rs 2,064.00 and an intraday low of Rs 1,895.00.