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Tuesday, March 31, 2009

Enter Maruti Suzuki, Hero Honda on dips: Gujral

Technical Analyst, Ashwani Gujral is of the view that one can get in to Maruti Suzuki or Hero Honda Motors on dips in auto pack.

Gujral told CNBC-TV18, "I think you would use these dips to probably get into some of the auto stocks Maruti, Hero Honda maybe even a Reliance because when the market comes back, these strongest stocks are likely to come back the fastest. I still do believe that we will sort of go for a retest of 3,100 maybe tomorrow we will try that out. So you could easily have 2-3% type of rally tomorrow on these stocks."

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