Buy Shree Cements on dips, says Anu Jain, Sr. Vice President - IIFL Private Wealth Management.
Jain told CNBC-TV18, "Shree Cement is looking very good. Cement as such I feel is a sector which will kind of outperform over the next three to four months. So I would look to trade positive bias on the sector. Within that this has been the strongest, been positive on Friday, on the week and on the month. So I think it will outperformed the market."
She further added, "One can keep a stop loss of Rs 1985 and can buy on dips. This is not something which may burst up today because there would be better stocks to follow momentum today. But if you get it closer to Rs 1990-2000, I think it's looking good poised for 2200 in the next month or so. So as a swing trade this looks safe to buy into."
