Shilpa Medicare looks attractive for long term: Devang Visaria

ET Now caught up with Devang Visaria, Chief Strategist, Devangvisaria.com, to get views on Shilpa Medicare.

ET Now: Shilpa Medicare, how do you evaluate this stock and tell us what do you see?

Devang Visaria: It is a very amazing chart. From a low of 30 in March 2009 you have seen this stock rallied to 322-320. This in chart but the only thing is you have to be an investor in this one. You cannot get in this stock with a trading perspective for the simple fact that entry-exits are not there,

Hhardly any volumes today. For next two-three days you will see some volumes and there would not be more than 1000 shares getting traded on this one. So if you are a believer in the story for the long term, then possibly you could get in but again I am not sure about whether this is a right level to get in or no because hardly it has already gone up 10 times from these levels.