Alstom Projects is a long term pick: Vijay Bhambwani, BSPLindia.com

Vijay Bhambwani, Author, CEO, BSPLindia.com, in a chat with ET Now, gives his views on Alstom Projects.

ET Now: What is the call on Alstom Projects?

Vijay Bhambwani: Alstom Projects is basically a long term pick. At this point in time, traders are likely to get a little wary because it is a market that is going absolutely sideways. If you pick it, around 335 to 340, the more margin of comfort you get in picking it up for 4 to 6 months’ timeframe.