Sell Educomp: CK Narayan
Educomp is a higher beta stock. Currently it seems to have completed a rise and could give you a decent reaction from here.
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| Updated: CK Narayan, Growth Avenues Asset Advisors in an interview to ET Now gives his view on Educomp stocks.
What is your call on Educomp?
A sell call on Educomp. Educomp has been the thick of things in the recent rally fall. It is a higher beta stock. Currently it seems to have completed a rise and could give you a decent reaction from here.
It is trading currently somewhere around the 262-264 area. This is where one should look to short the stock, keep a stop at about 270-271 and look for a target somewhere around Rs 255.
What is your call on Educomp?
A sell call on Educomp. Educomp has been the thick of things in the recent rally fall. It is a higher beta stock. Currently it seems to have completed a rise and could give you a decent reaction from here.
It is trading currently somewhere around the 262-264 area. This is where one should look to short the stock, keep a stop at about 270-271 and look for a target somewhere around Rs 255.
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