ABG Shipyard to strengthen above Rs 90-91: Bose
Published on Tuesday, February 10th, 2009 at 9:26 PMAuthor: admin (5507 Articles)
Technical Analyst, Rajat Bose is of the view that above Rs 90-91, lot of strength is expected in ABG Shipyard.
“In the recent past what I have seen of that chart is that there is some accumulation, some bit of buying was noticed – I was looking at the chart over the weekend. From there suppose if it were to move above Rs 90-91 range then one will see lot of strength coming back. There is some buying currently, but still I would wait for a clear breakout above Rs 91.”
Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the stocks/sectors discussed.
Source : MoneyControl
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