Kingfisher Airlines is a buy: Rohit Shinde, Nimbus Wealth Management

Rohit Shinde, Head Technical Research, Nimbus Wealth Management, in a chat with ET Now talks about Kingfisher Airlines.

What is your view on Kingfisher Airlines and Jet Airways?

Kingfisher bounced from 48 and it is in an upward trend right now. So right now, you can buy it upto 74.50 for a target of 80 and you can keep a stop loss of 72.50. So definitely there is some room for it.