Buy RSWM for target of Rs 150: Equityrush

In a chat with ET Now, Kunal Saraogi, technical analyst, Equityrush, talks about the outlook of HEG and RSWM.

What's your sense on HEG and RSWM?

RSWM has got a long uptrend and the uptrend continues. In fact, in today's trade, we have got a fresh breakout. The stock can be bought into at the current levels. I would recommend a stop loss of about Rs 137. It is not too far away from the current market price. It is a small stop loss. We could look for a target of close to Rs 150. This stock definitely is a buy.

HEG has been consolidating after a correction and can be held on, but there are no fresh buy triggers here.