HomeNewsBusinessStocksBuy Dish TV, Century Textiles, TV18 Broadcast: CA Rudramurthy BV

Buy Dish TV, Century Textiles, TV18 Broadcast: CA Rudramurthy BV

CA Rudramurthy BV of Vachana Investments suggests buying Dish TV, Century Textiles and TV18 Broadcast.

March 09, 2017 / 12:38 IST
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CA Rudramurthy BV of Vachana Investments told CNBC-TV18, "I have a buy call on Dish TV, it has given a clear breakout today above levels of Rs 102.50. Lot of addition in open interest is seen which is on the positive side. For me Dish TV is a clear buy, look at target of Rs 120 and keep a stop loss of Rs 102 for this long call." "I also have a long call on Century Textiles. This stock again is consolidating at current level of Rs 940-945 and once it gives a small breakout above levels of Rs 945 to Rs 950, it can head towards closer to Rs 1,030. Have a stop loss of Rs 930 and one can definitely go long," he said."I have a buy call on TV18 Broadcast. This stock again above levels of Rs 39-40 has given a breakout and can go to levels closer to Rs 46. Open interest addition is seen with prices moving on the upside. Also lot of strong delivery buying is seen on every dip. Looking at target of Rs 46, I will be long on TV18 Broadcast with a stop loss of Rs 40." Disclosure: Reliance Industries owns TV18 Broadcast, and Network 18 that publishes Moneycontrol.com.

first published: Mar 9, 2017 12:29 pm

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