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Buy Nagarjuna Fert & Chambal Fert on dips: Sukhani
2008-05-16 19:17:28 Source : IMW/CNBC-TV18
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Technical Analyst, Sudarshan Sukhani is of the view that Nagarjuna Fertilisers and Chemicals and Chambal Fertilisers and Chemicals, they are in long-term uptrends. The long-term push is on the upside - dips are to be bought.
Sukhani told CNBC-TV18, "Nagarjuna Fertilisers and Chemicals and Chambal Fertilisers and Chemicals, My call is that they are in long-term uptrends. Every time we see these stocks fall, as we seen that recently, there is an investment buying opportunity and a trading buy there because once the uptrend is intact, the long-term push is on the upside - dips are to be bought, which is what both stocks should be done with now."
Disclosure: The analyst has delta neutral positions in Nifty and investments in shares.
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- Jul 24, 16:01
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