Buy Jain Irrigation; showing high relative strength: Vijay Bhambwani
I would recommend a buy at close to 123 odd levels. Stop loss recommended at 121.5 and a target of 126-127.
In a chat with ET Now, Vijay Bhambwani, Author, CEO, BSPLindia.com (Technical Check), shares his views on Jain Irrigation.
ET Now: What is the call on Jain Irrigation?
Vijay Bhambwani: I would continue with Jain Irrigation which I recommended yesterday as it was showing a higher amount of relative strength compared to the broader markets and the benchmark headline indices.
So I would recommend a buy at close to 123 odd levels. Stop loss recommended at 121.5 and a target of 126-127 or close whichever comes earlier.
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