Hold Welspun Corp at current levels: Vijay Bhambwani
Basically the stock is showing traction. If you are holding longs in this counter, I would suggest holding onto the stock at the current levels.
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| Updated: Vijay Bhambwani, Author, CEO, BSPLindia.com in a chat with ET Now gives his views on Welspun Corp
ET Now: What is the call on Welspun Corp?
Vijay Bhambwani: Basically the stock is showing traction. If you are holding longs in this counter, I would suggest holding onto the stock at the current levels.
It could go to 154-155 levels if the markets are conducive and the Nifty does manage to stay where it is or even edge higher. Your stop loss would be close to 142 levels as of now.
ET Now: What is the call on Welspun Corp?
Vijay Bhambwani: Basically the stock is showing traction. If you are holding longs in this counter, I would suggest holding onto the stock at the current levels.
It could go to 154-155 levels if the markets are conducive and the Nifty does manage to stay where it is or even edge higher. Your stop loss would be close to 142 levels as of now.
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