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Buy Sintex India: Hemant Thukral

Buy Sintex India, says Hemant Thukral, SBI Capital Securities.

July 08, 2011 / 08:41 IST
     
     
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    Buy Sintex India, says Hemant Thukral, SBI Capital Securities.


    Thukral told CNBC-TV18, "We are recommending to buy a midcap stock Sintex Ind. Now what we have noticed yesterday, the stock has given a fresh breakout above Rs 183 levels. There are huge short positions, which are still pending in the system which can lead to a sharp rally in coming few trading session to Rs 196-200 levels. But traders going long have to keep a stop loss of around Rs 178-179 where Sintex has seen lot of consolidation before giving a fresh breakout."

    first published: Jul 8, 2011 08:37 am

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