Buy Moser Baer on every dip: Sukhani

Published on Wednesday, September 24th, 2008 at 12:16 PM
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Author: admin (5507 Articles)

Technical Analyst, Sudarshan Sukhani is of the view that one can buy Moser Baer on every dip.

“Moser Baer has come out of a very nice basing pattern. It’s a buy on every dip, not necessarily today because day before it went up a lot. So it could be choppy for the next two-three days, wait for it and buy.”

He further added, “Tata Steel is not a buying opportunity, new lows means stay away.”

Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the above stock/sector.

Source : MoneyControl

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