Stock analyst E Mathew has suggested that BOC India should be purchased on declines to achieve a short term target of Rs 198. The stock has seen a decent rise in recent trading sessions.
In today’s trading session, the stock has gained 4.5% at Rs 158.95 up till now. But interested investors should wait for sometime.
If the stock follows the uptrend for the whole day, leave it and forward your decision to next trading session. If the stock falls, buy it as much as you can. It will definitely provide provide you good returns.