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Buy Oswal Chemicals in Rs 92-94 range: Rajesh Jai

Buy Oswal Chemicals in Rs 92-94 range, says Rajesh Jain, EVP Reatail Research of Religare Sec.

July 28, 2011 / 08:56 IST
     
     
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    Buy Oswal Chemicals in Rs 92-94 range, says Rajesh Jain, EVP Reatail Research of Religare Sec.


    Jain told CNBC-TV18, "Oswal Chemicals and Fertilisers after making an all time high near Rs 101 levels it went into consolidation for 6-7 weeks with declining volumes, now it has again given a fresh breakout with very high volumes."


    He further added, "One can buy the stock in the range of Rs 92-94 which is a decent support for it with a closing stop loss of Rs 90 with a much higher target of Rs 115 in coming days."

    first published: Jul 28, 2011 08:54 am

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