Kunal Bothra, head of advisory at LKP told CNBC-TV18, "I have avoided the banking stocks particularly because of the kind of short-term resistance we are facing but from the midcap space, Aditya Birla Nuvo seems to be a good stock.
It is trading above its short-term moving averages . Looking at the fresh swing high being made this could be a good opportunity to buy Aditya Birla Nuvo.One could probably look at a target of Rs 60-70 further from the current price. So it could probably take it very close to Rs 1,825-1,850 and a stoploss placed at Rs 1,730," he said.
No comments:
Post a Comment