Welspun Corp is a buy: Hemant Kale,Maia Financial Services Pvt

Hemant Kale, MD, Maia Financial Services Pvt, in a chat with ET Now talks about Welspun Corp.

What is your reading on the charts for Welspun Corp?

The chart patterns are building up well, there is lot of investor confidence being seen in the chart. The long term momentum oscillators have started moving up and have shown a positive crossover. So the uptrend could last for intermediate to longer period. You can buy it currently and keep a stop loss of about 255, medium term target is 295.