Gaurang Shah of Geojit BNP Paribas told CNBC-TV18, "I have tried many times for timing, but I do not think anybody is able to time the market or identify that right level to go and buy into. And essentially, when people say what is the right time or level to buy, they want the stock only to move up after they buy, not to go down and that is not possible.""We are positive on big boy MRF amongst the tyre ancillary original equipment manufacturers (OEM) segment, tyre manufacturing companies and we believe that there is still a lot more to be made despite the fact this stock has gone up to maybe Rs 50,000 or so. So, long-term do not wait at what level to buy, just go and buy and hold on to it for a long time," he added.
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