Buy TV 18 on dips: Anu Jain

Published on Mon, Sep 06, 2010 at 08:56 |  Source : CNBC-TV18

Updated at Mon, Sep 06, 2010 at 11:40  

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Anu Jain, IIFL Private Wealth Management at India Infoline

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Buy Television Eighteen (TV 18) on dips, says Anu Jain , IIFL Private Wealth Management at India Infoline.

Jain told CNBC-TV18, "TV18 is looking good. The stop loss should be kept at Rs 92.60 because it has made good move but it's headed towards Rs 102 and the chart pattern is very strong in fact from July where it fell and consolidated at various levels."

She further added, "Now is showing its going to breakout into new territory, the volumes have been good, so I think it's headed more towards Rs 102 first. The 52 week high is way off till Rs 118-119 but at the moment I would play it for Rs102 and use the dips if any to buy."

  

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