Buy Welspun Corp for target Rs 273-277: Religare

MUMBAI: Birendrakumar Singh, technical analyst, Religare Securities is of the view that Welspun Corp has turned positive. He has advised traders to buy the stock for target of Rs 273-277.

“Welspun Corp has been trending side ways and formed a “Rounding” bottom. The stock has turned positive and is likely to touch Rs 273-277 levels in 4-6 sessions. Maintain stop-loss of Rs 258,” the report said.