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SAIL can touch Rs 155-165: Mathew

Published on Wed, Jul 23, 2008 at 12:45 , Updated at Wed, Jul 23, 2008 at 16:21
Source : CNBC-TV18

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Technical Analyst, E Mathew is of the view that SAIL can touch Rs 155-165.

Mathew told CNBC-TV18, "Technically SAIL has got good support between Rs 120-122. From a pure trading angle the stock has the potential to go to about Rs 155-165, there is strong resistance around Rs 165 zone but beyond that it would be a tough call at this moment. So technically also I think SBI is looking better. SBI both valuation wise and technically could be a better bet."

Disclosure: Analyst doesn't hold the above stock.


 

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Tomorrow`s PROJECTIONS for this STOCK

Dear DUstocks I checked with ICICI Direct on phone. They don`t sell long term options! Regards....

in SAIL - osteoporous at 10-Oct-08 10:59

Tomorrow`s PROJECTIONS for this STOCK

Whatever support levels you say are not going to be maintained, As per the outlook it is going to be breached on fr...

in SAIL - Guest at 10-Oct-08 05:07

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