HomeNewsBusinessStocksBuy Coal India, Dish TV: Kunal Bothra

Buy Coal India, Dish TV: Kunal Bothra

Kunal Bothra, Head of Advisory at LKP Securities recommends buying Coal India for a target of Rs 378-380 and Dish TV with a target of Rs 100-105.

May 08, 2015 / 14:50 IST
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Kunal Bothra, Head of Advisory at LKP Securities told CNBC-TV18, "I have a buy call on Coal India because of the kind of momentum the stock has. I think on the short-term timeframe charts this is one of the largecap stocks which is showing good support around Rs 350-355 odd mark and even last two days it is taking support around those levels. So from a short-term perspective traders could look at Rs 378-380 kind of a target on Coal India keeping a stop loss of the support of Rs 355."

"I have a buy call on Dish TV not just from a short-term perspective but this could be one of the few stocks which could be a starrer in 2015. Therefore, from short-term perspective I have given a target because of the short-term bottom or double bottom being made in a couple of days back. I am looking at a target of Rs 80 on Dish TV from a very short term perspective given the timeframe of one year or more. I would not be surprised to see level of Rs 100-105 over the next six-eight months," he said.

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Disclosure: Analyst has no personal holding in the stocks but he may have recommended the same to his clients at LKP.

first published: May 8, 2015 02:47 pm

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