Monday 10 November 2008

Welspun Gujarat can touch Rs 145-150: Bose

Technical Analyst, Rajat K Bose is of the view that Welspun Gujarat can touch Rs 145-150.

Bose told CNBC-TV18, "Welspun Gujarat has a potential to move up to something like Rs 145-150. Even a few days back it went up to that level and again coming down to consolidate, so my stoploss would be below Rs 118, which is about 10 points from the current levels and I am actually looking at a short-term target of Rs 145–150. Once it crosses that level, then we would actually be working for higher projections but as of now, Rs 150 suffices."

Disclosure: Analyst doesn't hold the above stock but have recommended to its clients.

Source: Moneycontrol

Posted by Harsh at 07:34

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