Go long in GVK Power: Ashuu Kakkarr
"Maybe it can move up to about 45, maybe even 48 but one does need to keep a stop loss if one is a short term trader or a positional trader, maybe closer to 38."
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| Ashuu Kakkarr, Technical Analyst, Market Strategist, ashuukakkarr.com in an interview with ET Now talks about GVK Power.
What is the sense for GVK Power at 40, is it a good buy or probably just stay out completely?
Technically it is a buy. Maybe it can move up to about 45, maybe even 48 but one does need to keep a stop loss if one is a short term trader or a positional trader, maybe closer to 38. The stop loss is and the target about 45 to 48. So small up move is in the offering. So one can go long.
What is the sense for GVK Power at 40, is it a good buy or probably just stay out completely?
Technically it is a buy. Maybe it can move up to about 45, maybe even 48 but one does need to keep a stop loss if one is a short term trader or a positional trader, maybe closer to 38. The stop loss is and the target about 45 to 48. So small up move is in the offering. So one can go long.
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