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Hold Amtek Auto, says Rajat Bose

Rajat Bose of rajatkbose.com is of the view that one may hold Amtek Auto.

December 13, 2016 / 15:18 IST
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Rajat Bose of rajatkbose.com told CNBC-TV18, "The investors should continue to hold Amtek Auto with a stoploss of Rs 32 but expecting a large move for any serious recovery in Amtek Auto, for that this stock need to clear Rs 41-46; it's a supply zone and this supply zone needs to be taken out and only then one can expect a good upturn in this stock otherwise it would continue to languish. It may not fall much but may not rise either."At 15:08 hrs Amtek Auto was quoting at Rs 37.70, down Rs 0.20, or 0.53 percent on the BSE.

first published: Dec 13, 2016 03:18 pm

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