Ballarpur Industries strong on medium-term chart: Devang Visaria
It is best to keep on holding to this rather than going into a trading game because it is a very strong medium term chart.
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| What about Ballarpur Industries?
Devang Visaria: Ballarpur we have been recommending time and again since 33-32 levels and we just took some profits off the table because that was near to the previous resistance levels of 38-38.5. Again on a medium term level, this is a definite buy. We would look for targets of 60-65 with a 6-month horizon and right time to buy it again would be on any dips to 35-36 and some quantity you should keep on holding to this one rather than going into a trading game in this one because it is a very strong medium term chart.
Devang Visaria: Ballarpur we have been recommending time and again since 33-32 levels and we just took some profits off the table because that was near to the previous resistance levels of 38-38.5. Again on a medium term level, this is a definite buy. We would look for targets of 60-65 with a 6-month horizon and right time to buy it again would be on any dips to 35-36 and some quantity you should keep on holding to this one rather than going into a trading game in this one because it is a very strong medium term chart.
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