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    HomeNewsBusinessStocksGo long on Amtek India, says Vishal Kshatriya

    Go long on Amtek India, says Vishal Kshatriya

    Go long on Amtek India, says Vishal Kshatriya, Sr Derivative and Technical Analyst of Edelweiss.

    September 29, 2011 / 08:43 IST

    Go long on Amtek India, says Vishal Kshatriya, Sr Derivative and Technical Analyst of Edelweiss.

    Kshatriya told CNBC-TV18, "Go long on Amtek India. It has generated channel pattern breakout along with huge volumes placed on its daily charts. Momentum oscillators on daily charts have also given a buy signal. The stock continues to trade above its short term moving averages indicating positive momentum in the counter. Traders can go long at CMP for a target of Rs 145 with a stoploss at Rs 120.

    first published: Sep 29, 2011 08:42 am

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