Buy Repro India at Rs 126 ~ Share Bazaar News India

Thursday, February 7, 2008

Buy Repro India at Rs 126

Anu Jain of Omniscient Securities is of the view that one can buy Repro India at Rs 126.

Jain told CNBC-TV18, "Repro India has got major support closer to 120 levels. Anything which when it brings it down basically to about Rs 126 would be a better place where the investor could get into. Though basically there is money flow index, which is indicating that there is funds flowing into it and the ADX is kind of indicating that the trend of consolidation is over plus the candlesticks are positive. So it is indicative that there is an upmove more likely from here."

Disclosure: Analyst doesn't hold the above stock.

Source: Moneycontrol.com

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