More correction to happen in Aban: Maia Financial
ET Now talks to Hemant Kale, MD, Maia Financial Services Pvt on Aban stock.
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| ET Now talks to Hemant Kale, MD, Maia Financial Services Pvt on Aban stock.
How is Aban looking on the charts? CARE has a downgraded its preference shares to BB rating, which indicates high rating risk but on the charts, it is already corrected?
Hemant Kale: No, actually I do not think Aban has corrected, it is still in an intermediate downtrend. I expect more correction to happen in Aban. Today it is around 1281, it should correct to levels of about 1200.
How is Aban looking on the charts? CARE has a downgraded its preference shares to BB rating, which indicates high rating risk but on the charts, it is already corrected?
Hemant Kale: No, actually I do not think Aban has corrected, it is still in an intermediate downtrend. I expect more correction to happen in Aban. Today it is around 1281, it should correct to levels of about 1200.
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