Ashwani Gujral: HDFC Bank may hit Rs 1600 while Eicher Motors may test Rs 27000.


Ashwani Gujral of told media, “The fascinating piece is that Uday Kotak did not report any procurement. NPA – we are sitting tight for most recent five days, nothing concrete except for still the bank Nifty mobilizes. Along these lines, that shows that with or without news it is proceeding onward.”

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

“So also, Eicher Motors again is a moderate starter, it didn’t generally take part in this rally and now is proceeding onward. Thus, perhaps Rs 26500-27000 is likely on Eicher,” he said.