Wednesday, April 22, 2009

HCL Tech may correct up to Rs 125: Gujra

Technical Analyst, Ashwani Gujral is of the view that HCL Technologies may correct up to Rs 125. It has resistance at Rs 144.

Gujral told CNBC-TV18, "HCL Technologies has been showing some strength. Overall midcap IT recently has been showing more strength than largecap IT. HCL Technologies could correct today to about Rs 125 and its got resistance now at Rs 144."

Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the above stock/sector.

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