The market is likely to be rangebound in the short-term, says Uday Kotak, Vice Chairman and Managing Director, Kotak Mahindra Bank, on CNBC-TV18. He sees the Sensex between 13,000-15,000 levels. India is in a cyclical slowdown, but the structural story is intact, he says. But crude oil prices remain a big issue for the country
One may see choppiness in the market today, says Ashwani Gujral, technical analyst, on CNBC Awaaz. There would not be much momentum seen in equities, as most of the money seems to be moving to precious commodities
Tata Steel has good support at Rs 430-450, where one can by the stock, says Ashwani Gujral, technical analyst, on CNBC Awaaz. And it will face some resistance at Rs 575-580, where one can book profits, he adds. This is a market where one can play the range
Hero Honda has good support at Rs 790, where one can buy the stock and book profits at Rs 880-900, says Ashwani Gujral, technical analyst, on CNBC Awaaz. Do not expect levels higher than this in the current market scenario, he adds
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This Ashwani Gujral is one of the biggest fool on you site and tv channel. He was the person who was telling in Jan 2008 that "It is good that US market is coming down, by this US federal will cut interest rate and thus money will come to India". I have not seen any comment from his side with some long or short term vision except telling 200-300 points below support level and 200-300 points above resistance level. Are you guys are evaluating your these so called experts????
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