Moneycontrol Be a Pro
Get App
Last Updated : Nov 02, 2015 12:12 PM IST | Source: CNBC-TV18

Hold Jubilant Industries, suggests CA Rudramurthy

CA Rudramurthy, Research Head of Vachana Investments suggests holding Jubilant Industries.


CA Rudramurthy, Research Head of Vachana Investments told CNBC-TV18, "Jubilant Industries gave a fantastic breakout above levels of around Rs 190 and within no time it made highs of around Rs 310. It is a great stock, I suggest is not to sell at current level. However, Rs 230 was also a very short-term support which it has broken today."

"I suggest to hold the stock with a stop loss of Rs 180 and one can even average it at levels of around Rs 190-200 and on closing basis Rs 180 as a stop loss is a must on Jubilant Industries," he added.

The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .
First Published on Nov 2, 2015 12:12 pm
Loading...
NULL int(1)
Sections
Follow us on
Available On
PCI DSS Compliant