HomeNewsBusinessHT Media, Marico look good; short Dish TV: Prakash Gaba

HT Media, Marico look good; short Dish TV: Prakash Gaba

Prakash Gaba of prakashgaba.com is of the view that HT Media and Marico look good while one can short Dish TV.

May 10, 2017 / 14:59 IST
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Prakash Gaba of prakashgaba.com told CNBC-TV18, "HT Media looks good to me. The way it is trading, looks like it can climb to levels closer to around Rs 86 zones. It may take a day or two or three for that matter, but looks like Rs 83 should be a tight stop here."

"Marico is looking good as well. The stock can climb to levels closer to Rs 324-330 zones. It may take some time for that, keep stop loss below Rs 308," he added.

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"Dish TV has a trade on the short side; Rs 94 was a crucial support, it broke down. I think yesterday it gave initial signs that it is breaking down and I think we can see a slide to around Rs 90 zones or maybe Rs 88. There is a good possibility that it can slide down to Rs 88 but Rs 88 seems to be a strong support zone for Dish TV. Hope it survives there."

first published: May 10, 2017 02:56 pm

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