Exit Inox Wind, says Rajat Bose

Name: Exit Inox Wind, says Rajat Bose
Uploaded: 2017-09-26T15:35:59+05:30
Description: Rajat Bose of rajatkbose.com is of the view that oen may exit Inox Wind.

Rajat Bose of rajatkbose.com is of the view that oen may exit Inox Wind.

September 26, 2017 / 15:35 IST

Rajat Bose of rajatkbose.com told CNBC-TV18, "Technically Inox Wind looks very weak. I would suggest an exit because there is hardly any redeeming feature that I can see from a technical point of view. Unless it takes about Rs 140-150 kind of range, I don’t think any sustainable rally can happen. So any relief rally, whatever, one should exit and seek better opportunities elsewhere, there are plenty of them."

The share touched its 52-week high Rs 231 and 52-week low Rs 104.90 on 18 October, 2016 and 18 August, 2017, respectively.

first published: Sep 26, 2017 03:35 pm

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