It could also be a proxy play in the sense that we could have recommended R Power here, after a long decline from Rs 70 levels, this stock is showing some signs of revival. We have seen this stock declining every day after day and at Rs 37 this stock price has found some support. So I expect a bounce back, the risk reward is very favourable over here. So stop loss of Rs 37 and targets of around Rs 42-44.
Website: https://sites.google.com/site/sharesjungle/
No comments:
Post a Comment