Buy Dish TV, says Siddharth Bhamre

Published on Tue, Jan 31, 2012 at 10:52 |  Source : CNBC-TV18

Updated at Tue, Jan 31, 2012 at 10:55  

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Siddharth Bhamre, Angel Broking

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Buy Dish TV , says Siddharth Bhamre, Angel Broking.

Bhamre told CNBC-TV18, "We have a buy on Dish TV; we saw that counter from Rs 58 levels where it consolidated. It first rose because of short covering and then we have seen formation of long positions. Yesterday's correction was in line with what happened with market and some unwinding."

He further added, "One can buy at current levels, we are expecting an upside of Rs 71 and one can fix a stop loss of Rs 59 in this. I am expecting midcaps to do well in a market where we will see some consolidation with positive bias. So this is one of the stocks, which I like though the counter has run up from lower levels of Rs 57-58 to Rs 63."

  

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