HomeNewsBusinessStocksBook out of Jyoti Structures on every rally: Kunal Bothra

Book out of Jyoti Structures on every rally: Kunal Bothra

Kunal Bothra of LKP is of the view that oen can book out of Jyoti Structures on every rally.

September 08, 2014 / 15:48 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Kunal Bothra of LKP told CNBC-TV18, "In Jyoti Structures the support is around Rs 40, There could be a fair chance that the stock bounce to Rs 45-50 but from medium to long-term perspective there are lot of hurdles which the chart has to break and I believe till the time that does not happen, it will be in a broader consolidation zone if Rs 40 does not break."

"The stock may bounce to Rs 45-46 but that could be in a timeframe of three-six months. So, I believe it is much better to book out in this stock on every rally till Rs 45-46," he added.

Story continues below Advertisement
first published: Sep 8, 2014 03:48 pm

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!