Hold on to Jindal Saw: Vijay Bhambwani
One can actually hold onto this stock at the current levels and if at all you need to add onto the stock adding at below the 118 to 115 levels would actually make it a lower risk proposition.
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| Updated: Vijay Bhambwani, Author, CEO, BSPLindia.com, talks to ET Now on various stocks.
What is your call on Jindal Saw?
The long term outlook of this counter is good. One can actually hold onto this stock at the current levels and if at all you need to add onto the stock adding at below the 118 to 115 levels would actually make it a lower risk proposition.
On the upsides if the market was to support you beyond October or November which it should start working up then, the potential for the stock to cross 150-155 mark is fairly good.
What is your call on Jindal Saw?
The long term outlook of this counter is good. One can actually hold onto this stock at the current levels and if at all you need to add onto the stock adding at below the 118 to 115 levels would actually make it a lower risk proposition.
On the upsides if the market was to support you beyond October or November which it should start working up then, the potential for the stock to cross 150-155 mark is fairly good.
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