Buy Alstom Power; target 820: Somil Mehta
"Alstom Power is trading in a channel pattern. It is taking support at the lower end of the channel and keeping its momentum strong on the upside."
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| Somil Mehta, Sr. Technical Analyst, Sharekhan in an interview with ET Now talks about Alstom Power.
How about Alstom Power?
Alstom Power is trading in a channel pattern. It is taking support at the lower end of the channel and keeping its momentum strong on the upside and for some power, my target in the short term would be 820 and stop loss would be 715 but in the medium term, it looks a little overbought and 820 would be a target in the short term and the medium term which would be a profit booking area.
How about Alstom Power?
Alstom Power is trading in a channel pattern. It is taking support at the lower end of the channel and keeping its momentum strong on the upside and for some power, my target in the short term would be 820 and stop loss would be 715 but in the medium term, it looks a little overbought and 820 would be a target in the short term and the medium term which would be a profit booking area.
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