Buy Astra Micro with a stoploss of Rs 61: P Kushe

Published on Fri, Jul 17, 2009 at 15:36 |  Source : CNBC-TV18

Updated at Fri, Jul 17, 2009 at 18:32  

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Prasad Kushe, Equitytrendz.com

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Prasad Kushe , Equitytrendz.com is of the view that one can buy Astra Micro with a stoploss of Rs 61.

Kushe told CNBC-TV18, "Astra Micro is quoting around Rs 70-72 as of now. This has a time and price target of around Rs 95 by 28th of July. So, one can buy it with a stoploss of around Rs 61. This will move above Rs 95 by 27 or 28 of July and once that happens then it will move up further to around Rs 115 to around Rs 130 levels."

Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the above stock/sector.

  

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