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Welspun Guj, Jindal Saw look good: Bose

This article was posted on Jul 28, 2009 and is filed under Stock Views

Technical Analyst, Rajat K Bose is of the view that Welspun Gujarat and Jindal Saw are looking pretty good.

Bose told CNBC-TV18, “If you have a medium term perspective midcap stocks like Welspun and Jindal Saw both are looking pretty good. Pritish Nandy Communications is getting ready for some kind of a swing up. Another stock I personally own but I cannot recommend because it has hit circuits already three days that is Rico Auto. If there is a decline in the stock, if the circuit opens then the chart formation suggest that there could be a good swing up for the medium term given the kind of based formation and the breakout that has happened in it.”

source: Moneycontrol

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