Anuj Jain, Director – Equities at IIFL Private Wealth Management told CNBC-TV18, " UltraTech Cement , given the way it closed on Friday, it gave up most of the steam, it is good to pick up closer to Rs 3000 or Rs 2990. It is poised towards Rs 3300. So, it is a buy on dips. On Friday it gave up, so there is a possibility of a couple of percentages down before it moves up." " India Cements on the other hand has kept the steam on Friday.
There is some minor resistance closer to Rs 105 and it can actually move upto Rs 112-113. So, there is momentum still in it. The smaller ones will also start, so, JK Lakshmi Cement has stated to show some accumulation," she added.
Learning fundamental updates helps to conclude in a better manner whether to invest in its stocks or not. Traders must always carefully analyze stock in which they are investing . For experts suggestion you can contact service providers like epic research .
ReplyDelete