Wait and watch for Monnet Ispat: Mitesh Thacker
Stock price has been inactive for last few months.So I would just wait it out, probably it is still some more time for consolidation to go on.
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| Updated: Mitesh Thacker, www.miteshthacker.com, in an interview with ET Now talks about Monnet Ispat.
What is your call on Monnet Ispat?
The stock price has been pretty inactive for the last few months. If you see as in 535-540 on the higher side has been capping any up moves while 490-495 has been a good support on the downside. No signals as such that there is a case of any impending breakouts. So I would just wait it out, probably it is still some more time for consolidation to go on.
What is your call on Monnet Ispat?
The stock price has been pretty inactive for the last few months. If you see as in 535-540 on the higher side has been capping any up moves while 490-495 has been a good support on the downside. No signals as such that there is a case of any impending breakouts. So I would just wait it out, probably it is still some more time for consolidation to go on.
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