Buy GE Shipping for target of Rs 352: Nirmal Bang

MUMBAI: Nirmal Bang has advised traders to buy GE Shipping from a short term perspective. The stock can touch target of Rs 352, it says.

“Buy GE Shipping from a short term perspective keeping a trading stop-loss of Rs 331-328. The RSI & MACD is giving a fresh buy signal and the volumes are also rising with the price rise. Immediate target is seen at Rs 352 and Rs 368 in the longer run,” the report said.

Note: Trading idea valid for time-period of 1-5 days.