Buy Whirlpool of India on declines, says Prakash Gaba

Oct 09, 2017 03:27 PM IST | Source: CNBC-TV18

Prakash Gaba of is of the view that one may buy Whirlpool of India on declines.

Prakash Gaba of told CNBC-TV18, “Whirlpool of India has generated a buy closer to around Rs 1,160 zones; it is still in buy mode. It can continue going up, only thing is it has stretched too much.”

He further added, “There is a very good chance it would see some kind of a profit booking coming in, maybe a dip is possible. The ideal place to buy would be around Rs 1,300 zones; I would buy there.”

At 15:22 hrs Whirlpool of India was quoting at Rs 1,350, down Rs 9.90, or 0.73 percent.