Moneycontrol PRO
HomeNewsBusinessStocksTata Elxsi may touch Rs 1750, Whirlpool Rs 1300: Ashwani Gujral

Tata Elxsi may touch Rs 1750, Whirlpool Rs 1300: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com feels that Tata Elxsi may touch Rs 1700-1750.

March 20, 2017 / 08:05 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "We had one of those down sessions on IT when the rupee went up, but post that, IT recovered yesterday and particularly Tata Elxsi has crossed its 200-day moving average. So, out here, this could be one of the outperforming stocks in the tech space, target of Rs 1,700-1,750 is possible."

"Whirlpool has again broken out to fresh intermediate highs. So, out there, we should expect targets of Rs 1,250-1,300. Consumer this week has done very well and Mahindra & Mahindra Financial Services had a strong day on Thursday. Possibly next week, we should take out the 200-day moving average even here, so Rs 360-365 is a target."

"Non-banking finance companies (NBFC) have done well but these microfinance companies have not really participated, so this could be a flavour next week," he added.

first published: Mar 18, 2017 08:35 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347