Buy ABB, says Hemen Kapadia

Buy ABB, says Hemen Kapadia, CEO of chartpundit.com.

October 04, 2011 / 08:36 IST

Buy ABB, says Hemen Kapadia, CEO of chartpundit.com.

Kapadia told CNBC-TV18, "Buy ABB. It has virtually collapsed; there is a first hint of potential turnaround atleast from intraday point of view. One can buy ABB at around Rs 683 with a stop loss of 663 & a target of Rs 723. It is not a short term call & this call would probably be valid for 3-4 trading sessions.

first published: Oct 4, 2011 08:35 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347