Jul 20, 2012, 11.11 AM IST

Invest in Den Networks: Anil Manghnani

Invest in Den Networks, says Anil Manghnani, Modern Shares & Stock Brokers.

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Invest in Den Networks , says Anil Manghnani, Modern Shares & Stock Brokers.


Manghnani told CNBC-TV18, "Den Networks is an investment call. The stock after a long time has been in a nice uptrend but now given a clear breakout. So it is not your trading stock; when the stock really doesn't move there is no volume. But on the day that it does move you get some good volumes."


He further added, "I think you buy the dip now, may be Rs 113-102 range. But you could play for a bigger move, so that's why I am giving a target all the way up to Rs 143. So, more an investment call rather than a trade idea."


 


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