Buy Bombay Dyeing: Vijay Bhambwani

Bombay Dyeing is showing a higher relative strength against the Nifty. It is actually in green where the Nifty has been in the red.

Vijay Bhambwani, Author, CEO, BSPLindia.com in a chat to ET Now gives his views on Bombay Dyeing.

What is your call on Bombay Dyeing?

Bombay Dyeing is showing a higher relative strength vis-à-vis the Nifty. It is actually in green where the Nifty has been in the red. So I buy it at around 368 levels, hold it with a stop at 383.

I would hope to square up this long position between 390 to 392 or close whichever comes first.
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