Inox, Cinemax stocks to pick up momentum: Rakesh Gandhi

ET Now spoke to Rakesh Gandhi, Technical Analyst at LKP on his views on multiplex stocks.

What do you make of the movements that we are seeing in some of these multiplex stocks, the likes of Inox, Cinemax, possibly even Fame India? There is a fundamental angle to it but do you like the stocks on the charts?

Yeah on the charts, most of the stocks are coming out from their lower bottoms and are showing some momentum. In coming days, it would pick up the momentum.