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Sell Zen Technologies on rise, says Hemen Kapadia

Hemen Kapadia of KRChoksey Securities is of the view that one may sell Zen Technologies on rise.

March 03, 2016 / 16:00 IST
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Hemen Kapadia of KRChoksey Securities told CNBC-TV18, "Zen Technologies is oversold, so a bounce is expected but a bigger picture has gone for a toss. Once again we seem to have walked in to a correction of a greater degree. Currently downside appears limited; a bounce seems like an extremely strong possibility. So, I have a sell on bounce."On Thursday, Zen Technologies ended at Rs 68.55, down Rs 1.20, or 1.72 percent.

first published: Mar 3, 2016 04:00 pm

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