Moneycontrol PRO
HomeNewsBusinessStocksBuy Whirlpool of India on declines, says Prakash Gaba

Buy Whirlpool of India on declines, says Prakash Gaba

Prakash Gaba of prakashgaba.com is of the view that one may buy Whirlpool of India on declines.

October 09, 2017 / 15:39 IST

Prakash Gaba of prakashgaba.com told CNBC-TV18, "Whirlpool of India has generated a buy closer to around Rs 1,160 zones; it is still in buy mode. It can continue going up, only thing is it has stretched too much."

He further added, "There is a very good chance it would see some kind of a profit booking coming in, maybe a dip is possible. The ideal place to buy would be around Rs 1,300 zones; I would buy there."

At 15:22 hrs Whirlpool of India was quoting at Rs 1,350, down Rs 9.90, or 0.73 percent.

first published: Oct 9, 2017 03:27 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!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
CloseGen AI Masterclass