Buy Aban Offshore; target 380-382: CK Narayan
"Aban has been under pressure for a very long time and with the market probably looking to some sort of bargain hunting buys I would figure that Aban could be one of the stocks."
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| CK Narayan, Growth Avenues Asset Advisors in an interview with ET Now talks about Aban Offshore.
Your trading strategies for the day, Aban Offshore...
Aban has been under pressure for a very long time and with the market probably looking to some sort of bargain hunting buys I would figure that Aban could be one of the stocks on their shopping list. It has shown some upside moment today so I would look for some more let say persistence of the upside.
It is trading at about 368 to about 372 that is a range with a stop at about 360. I would advice going long in Aban with an expected target around 380-382 at the minimum. Could be more because it is high beta stock but that is a review that could be done at a later stage.
Your trading strategies for the day, Aban Offshore...
Aban has been under pressure for a very long time and with the market probably looking to some sort of bargain hunting buys I would figure that Aban could be one of the stocks on their shopping list. It has shown some upside moment today so I would look for some more let say persistence of the upside.
It is trading at about 368 to about 372 that is a range with a stop at about 360. I would advice going long in Aban with an expected target around 380-382 at the minimum. Could be more because it is high beta stock but that is a review that could be done at a later stage.
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