Hold on to Dabur, Bajaj Auto, bullish on REI Agro: Vinith Jain, Siddh Capital
ET Now spoke to Vinith Jain, Director, Siddh Capital, on his views on a range of stocks from Dabur, REI Agro to Bajaj Auto.
Dabur, on the charts?
Dabur is one of the bullish stocks in the market and I do not see anything negative on the charts until it breaks below 198, so I would remain a hold on the stock and might expect further upmove here.
REI Agro, can it exceed that level that is 31 right now?
The stock in fact took support at the 26 level, which is one of its key support zones and of course 34-36 is quite possible on the stock and in fact I would be very bullish on the stock if it holds above 34.
Bajaj Auto on the charts?
The stock has more potential to go up. I believe 2625-2650 is possible on the stock. If anyone is long, hold on to the stock, not much room to buy and get into a fresh trade because the stop loss is now below 2400 in fact.
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