Bhambwani upbeat on Shree Cements, India Cements

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Bhambwani upbeat on Shree Cements, India Cements

Technical Analyst, Vijay Bhambwani is upbeat on Shree Cements, India Cements with long term perspective.

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Excerpts from Closing Bell on CNBC-TV18 Watch the full show » RELATED NEWS Above Rs 135, India Cement can test Rs 165-170: Gujral ALSO READ See previous views by Vijay Bhambwani See what other Experts & Brokerages are saying about Shree Cements See messages about Shree Cements Shree Cements BSE | NSE 10/02/12 Are Mutual Funds betting on Shree Cements? Other Stocks in this news India Cements |

Technical Analyst, Vijay Bhambwani is upbeat on Shree Cements , India Cement s with long term perspective.

Bhambwani told CNBC-TV18, "One is clearly seeing a kind of a merry-go-round, where some sector is being favoured at the expense of others and this trend continuing for a few trading sessions and then the favourites are changing. But if you are looking at cement, among the second and third rung counters, I think Shree Cements from a long-term point of view and India Cements is looking okay, these are the two companies which one could take a six-twelve months view and then start investing in staggered lots. The only thing is as I said staggered lots, you don't buy everything at one go but leaves room for averaging out here."