ABG best bet among shipping stocks: Sandeep Wagle
With the market, ABG Shipyard can go to somewhere around 400-410 at a current level of 380 offers some upside.
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| Updated: In a chat with ET Now, Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, talks on PVR
A quick word on some of the shipping stocks?
I see no clarity in the pattern. Yes some upside be it on the news possibly but ABG would be the best pick in this, can expect a further upside. With the market, it can go to somewhere around 400-410 at a current level of 380 offers some upside but I do not see anything specific in a Bharati Shipyard or a Pipavav or even SCI.
ABG would be the best bet in this sector and no other clarity in any of the other stocks.
A quick word on some of the shipping stocks?
I see no clarity in the pattern. Yes some upside be it on the news possibly but ABG would be the best pick in this, can expect a further upside. With the market, it can go to somewhere around 400-410 at a current level of 380 offers some upside but I do not see anything specific in a Bharati Shipyard or a Pipavav or even SCI.
ABG would be the best bet in this sector and no other clarity in any of the other stocks.
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