Parikh told CNBC-TV18, "Among the overall banking pack if you see IndusInd Bank is giving very strong up move and it has been in an upward direction, it has broken out after the big rise from the sideways correction. So one can look at going long on IndusInd bank. It is trading at around Rs 384. I am keeping a stop loss of Rs 368 and target of Rs 418 on the stock.
He further added, "In Bharti Airtel lot of positions been built up and Rs 285 was a crucial support for the stock. So once it is out of it I feel that around Rs 305-306 its 200 day moving average and there are lot of resistances over here between Rs 300-310. So expect it to hold on over here for some time, consolidate and if it is to move up then above Rs 310 we will take a higher chance, I think there will be sideways consolidation at this level after such a move."
Anda sedang membaca artikel tentang
Buy IndusInd Bank with a target of Rs 418: Parikh
Dengan url
http://harmonisem.blogspot.com/2012/11/buy-indusind-bank-with-target-of-rs-418.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Buy IndusInd Bank with a target of Rs 418: Parikh
namun jangan lupa untuk meletakkan link
Buy IndusInd Bank with a target of Rs 418: Parikh
sebagai sumbernya
0 komentar:
Posting Komentar