EIL trading close to its support of Rs 310: Vinith Jain

ET Now spoke to Vinith Jain, Director, Siddh Capital, on his views on the market.

ET Now: How about EIL on the charts?

Vinith Jain: PSU stocks are not really showing up any bullish sign here. EIL is trading very close to its support of 310.

So a bounce back up to 340 or maybe 345 is what can be expected here but the stock is not looking very good to get into fresh longs here. So if someone is holding, hold on to the stock for a small upside here.