Buy Balrampur Chini at 42 levels: Vijay Bhambwani
I would buy Balrampur Chini at 42 levels. I would hold it with a stop loss at 40 and expect to book profits at 45 levels.
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| Updated: Vijay Bhambwani, Author, CEO, BSPLindia.com, talks to ET Now on various stocks.
What is your call on Balrampur Chini?
I would go with the momentum and recommend Balrampur Chini in the sugar space. On 2 previous occasions we have recommended Balrampur Chini and the targets have been achieved. I am hoping that I will be third time lucky here.
I would buy Balrampur Chini at 42 levels. I would hold it with a stop loss at 40 and expect to book profits at 45 levels. This is not a day trade. This trade may have to be rolled over, in all probability will be rolled over for the next couple of trading sessions.
What is your call on Balrampur Chini?
I would go with the momentum and recommend Balrampur Chini in the sugar space. On 2 previous occasions we have recommended Balrampur Chini and the targets have been achieved. I am hoping that I will be third time lucky here.
I would buy Balrampur Chini at 42 levels. I would hold it with a stop loss at 40 and expect to book profits at 45 levels. This is not a day trade. This trade may have to be rolled over, in all probability will be rolled over for the next couple of trading sessions.
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