Exit Educomp Solutions, says Pradhan

Mithil Pradhan of Violet Arch Capital Advisors said he would recommend investor to exit Educomp Solutions at this point of time.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead master your money Realasset
moneycontrol.com

Home » News » Stocks Views

Feb 27, 2013, 04.43 PM | Source: CNBC-TV18

Exit Educomp Solutions, says Pradhan

Mithil Pradhan of Violet Arch Capital Advisors said he would recommend investor to exit Educomp Solutions at this point of time.

Like this story, share it with millions of investors on M3

Exit Educomp Solutions, says Pradhan

Mithil Pradhan of Violet Arch Capital Advisors said he would recommend investor to exit Educomp Solutions at this point of time.

Post Your Comments

Share Cancel

Mithil Pradhan (more)

Chief Strategist - Derivatives & Technicals, | Capital Expertise: Equity - Technical

Mithil Pradhan of Violet Arch Capital Advisors said he would recommend investor to exit Educomp Solutions at this point of time.

Pradhan told CNBC-TV18, “As a matter of fact, I think the entire education sector is not doing well at all. If you look at NIIT Technologies , Core Education , these are all disastrous stocks. As far as Educomp Solutions is concerned, I was looking at the area of Rs 145, very close to where this investor has bought this stock. However, this Rs 145 area which looked like a minor support did not prove to be that good as a support and it has broken below that.”

”As far as I see it, the decline has completely not ended. I would recommend the investor to exit this particular stock at this point of time and look at other sectors rather than education and training which is overall as a sector going down. So I do not think it makes sense to hold this stock at this point of time,” Pradhan added.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Exit Educomp Solutions, says Pradhan

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login