Technical Analyst, Rajat K Bose is of the view that one can buy Suzlon Energy on dips.
Bose told , "Suzlon Energy long term looks pretty bullish technically. If there is a dip then that would be a good buying opportunity because medium term target would be Rs 135-140 for a minimum. I do not expect it to really go below Rs 93-91 kind of range and if we get a dip further towards say double digit levels of Rs 99-98 that would be a good buying opportunity because you are actually placing a stop below Rs 90 and keeping a target of Rs 135-140. So maybe it is not a buy right now but somewhat at lower levels definitely I would like to consider buying it."
Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the above stock/sector.
No comments:
Post a Comment