Technical Analyst, Ashwani Gujral is of the view that Jaiprakash Associates can test Rs 336-400.
Gujral told CNBC-TV18, "Jaiprakash Associates had been in a strong up move and now it has corrected back to its 200 DMA, which is around Rs 250-270. Whatever bad news had to come is probably sort of getting factored in. If the market gets back into some kind of a groove, the stock could head back up to Rs 336 to about Rs 400."
Link to the article: http://www.moneycontrol.com/india/news/stocks-views/jaiprakash-associates-can-test-rs-336-400:-gujral/326800
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