HomeNewsBusinessStocksBuy Shriram Transport Finance: Shardul Kulkarni

Buy Shriram Transport Finance: Shardul Kulkarni

Shardul Kulkarni of Angel Broking is of the view that one may buy Shriram Transport Finance Corporation with a stop loss at Rs 625. "The stock may test Rs 685-700," he adds.

August 07, 2013 / 18:38 IST
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Shardul Kulkarni of Angel Broking told CNBC-TV18, "For Shriram Transport Finance Corporation today's trading session has been quite okay. We are seeing that the stock is on the verge of moving higher."


He further added, "It has given a trend line breakout, so it would be a buy. I would buy the stock above Rs 655, place a stop loss at Rs 625 and trade bullish for a target of Rs 685 to Rs 700. The call duration would be around 4 to 6 trading sessions."
 
first published: Aug 7, 2013 06:38 pm

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