HomeNewsBusinessStocksExit Dena Bank, recommend HCL Info: Simi Bhaumik

Exit Dena Bank, recommend HCL Info: Simi Bhaumik

Simi Bhaumik of simibhaumik.com recommends exiting Dena Bank and expects rally in HCL Infosystems towards Rs 75-80.

November 26, 2015 / 13:38 IST
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Simi Bhaumik of simibhaumik.com told CNBC-TV18, "Dena Bank is looking quite weak on technical parameters and there is no redeeming feature, better to exit from this stock. Do not waste your time here, you can buy something else. This stock technically doesn’t look like that it would cross Rs 45 in near future." "I will recommend some other stock like HCL Infosystems which is almost trading at around Rs 64-65. I am expecting a rally towards Rs 75-80. Even you can switch over from this stock to Rain Industries, Rico Auto and I am sure you will make money over there," she said.

first published: Nov 26, 2015 01:38 pm

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