Go long on Navneet, Jet Airways: Fortune Interfinance

Published on Thu, Nov 03, 2011 at 15:13 |  Source : CNBC-TV18

Updated at Thu, Nov 03, 2011 at 15:32  

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Go long on Navneet, Jet Airways: Fortune Interfinance

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Abhishek Agarwal, Fortune Interfinance advices traders to go long on Navneet and Jet Airways .

Agarwal told CNBC-TV18, "I would like to go long on Navneet Publications with a target of Rs 70 and a stop loss of Rs 65.50. Yesterday the company had given excellent results compared to last year. It is the only company in education sector which has full fledged service on the exchange."

He further added, "One can go long on Jet Airways with a target of Rs 265 and a stop loss of Rs 246. I think the air traffic is excellent because of the holiday season going forward. 26% of FDI participation if happens in the airline sector will be again benefiting Jet Airways and it will help the airline to reduce its debt. Therefore I think if one is keeping for a long term it can go much higher from that target."

  

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