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Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "TVS Motor is one of the stronger stocks and basically, it is moving back from its 20-day moving average. Now while the market goes lower, a lot of stocks will turn around before the market does that. So this is one of the outperforming stocks and probably in the next rally, will make new highs."
"TVS Motor can be bought. You have a good looking stoploss around Rs 620 thereabouts. So if there is some amount of pull back, you could see this getting back to recent highs," he said.Copyright © e-Eighteen.com Ltd All rights resderved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited.
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