Buy Kale Consultants with stop loss at 93: Maia Financial
ET Now talks to Hemant Kale, MD, Maia Financial Services Pvt on Kale Consultants stock.
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| ET Now talks to Hemant Kale, MD, Maia Financial Services Pvt on Kale Consultants stock.
Sterlite Tech is up almost 5% in trade today, even we have got Kale Consultants that has been doing well 13% gains, what is your take on these stocks?
Kale Consultants was actually showing in short-term correction from levels of 105 to it was under a short term downtrend to levels of about 80 and then it has started moving up back again. It showed a good uprise today of about 12%. Momentum seems to be gradually developing for this on the short-term as well as intermediate term basis. It could probably take a momentum call on this stock. You can buy it at a current price but you need to be a little aggressive on the stock. As far as the stop loss goes, you need to place the stop loss around levels of 93 with a probable target of around 103 or 104.
Sterlite Tech is up almost 5% in trade today, even we have got Kale Consultants that has been doing well 13% gains, what is your take on these stocks?
Kale Consultants was actually showing in short-term correction from levels of 105 to it was under a short term downtrend to levels of about 80 and then it has started moving up back again. It showed a good uprise today of about 12%. Momentum seems to be gradually developing for this on the short-term as well as intermediate term basis. It could probably take a momentum call on this stock. You can buy it at a current price but you need to be a little aggressive on the stock. As far as the stop loss goes, you need to place the stop loss around levels of 93 with a probable target of around 103 or 104.
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