Fame India ready for some more run-up: Sharyans Resources

In an interview with ET Now, CK Narayan, President Treasury, Sharyans Resources, shares his views on the outlook of Fame India and Inox Leisure.

What is your view on Fame India and Inox Leisure?

Between the two, clearly Fame India looks much better in terms of having a potential of profitable trade. The kind of up thrust that we have seen today has managed to take the stock past the near-term resistances around Rs 82 levels and this should help the stock run up some more. Inox has been doodling along and not really showing any kind of signals on the charts.

If I have to choose between the two, I would certainly look to buy Fame India and the market seems to be signalling that also because you have Inox doing nothing and Fame India is up a fairly decent amount of percentage.