Aishwarya Telecom has support at Rs 95-100: R Jain

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Aishwarya Telecom has support at Rs 95-100: R Jain

Rajesh Jain of SMC Global Securities is of the view that Aishwarya Telecom has support at Rs 95-100. One can go ahead and buy it with a strict stoploss of Rs 85, and if the market slightly bounces back, slightly on the higher side, one can look for a level of Rs 135 or Rs 140.

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Excerpts from Your Stocks on CNBC-TV18 Watch the full show » RELATED NEWS Prefer Idea to Aishwarya Telecom: Mukadam ALSO READ See previous views by Rajesh Jain See what other Experts & Brokerages are saying about Aishwarya Tele See messages about Aishwarya Tele BSE | NSE 01/01/70 Are Mutual Funds betting on ?

Rajesh Jain of SMC Global Securities is of the view that Aishwarya Telecom has support at Rs 95-100.

Jain told CNBC-TV18, "If some body has to invest in Aishwarya Telecom, Rs 95-100 is a very strong support zone for it. One can go ahead and buy it with a strict stoploss of Rs 85, and if the market slightly bounces back, slightly on the higher side, one can look for a level of Rs 135 or Rs 140, and in a bit it expands with a strict stoploss of Rs 85."