NRB Bearings is a buy: Ashwani Gujral, Market Strategist
NRB Bearings has found strong support around 4850 zone.
By 
|
| Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, in a chat with ET Now talks about NRB Bearing.
What is your view on NRB Bearing?
As long as we stay above 6011, small caps would be the thing because large caps need heavy institutional activity to move up or down and that is missing. So generally the local trade tends to bet on the small caps. NRB Bearings has found strong support around 4850 zone. It is a metal derivative, found support around 4850. So we can buy this with a stop about 54 and a target of 62 is possible here.
What is your view on NRB Bearing?
As long as we stay above 6011, small caps would be the thing because large caps need heavy institutional activity to move up or down and that is missing. So generally the local trade tends to bet on the small caps. NRB Bearings has found strong support around 4850 zone. It is a metal derivative, found support around 4850. So we can buy this with a stop about 54 and a target of 62 is possible here.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
