Stay with JSW Steel: Mohoni
April 8th, 2009
Technical Analyst, Deepak Mohoni is of the view that one can hold JSW Steel at the moment.
Mohoni told CNBC-TV18, “JSW Steel has made a very strong move and this decline is sharp today but its insignificant compared to the kind of rise there has been, there is a very good chance that the stock’s all term trend has turned up, so at the moment the best strategy is to hold and no need to switch out. This is one of the stronger stocks but the investors will have to wait for the market to start turning up again to see the stock make daily gains.”