Sell IndusInd Bank at around Rs 1800: Vijay Chopra

Name: Sell IndusInd Bank at around Rs 1800: Vijay Chopra
Uploaded: 2017-10-12T16:24:12+05:30
Description: Vijay Chopra of enochventures.com is of the view that one may sell IndusInd Bank at around Rs 1800.

Vijay Chopra of enochventures.com is of the view that one may sell IndusInd Bank at around Rs 1800.

October 12, 2017 / 16:24 IST

Vijay Chopra of enochventures.com told CNBC-TV18, "IndusInd Bank has the potential to go up to Rs 1,800 as of now. However, some kind of profit booking is warranted. So, one should book profits around Rs 1,800."

"Although there is no problem with the bank, but I am expecting some kind of a correction in the market. So if it does happen, probably one can get into the same bank at a lower level. However, Rs 1,800 is a good level to sell," he added.

first published: Oct 12, 2017 04:24 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