191-192 is where price of NTPC to come in next few trading sessions: Sandeep Wagle

In a chat with ET Now, Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com, gives his views on Voltas and NTPC stocks. Excerpts:

You also have two more picks, one is Voltas and a sell on NTPC.

Voltas is a very strong weekly pattern and ideally, I would have liked to buy it somewhere around 193-194. It is now 205. So I am not that comfortable buying it at this level, but nevertheless for people who have bought in, I see a possibly 7% to 8% move upside. So around 212 to 214 is what I see the move till and one can trade for that with a 2 to 3 days perspective. NTPC we had a sell. I am expecting a price target of around 191. Rs 527 short term trading call, not a very long term. Long term, we are still bullish on that. 191-192 is where we expect the price of NTPC to come in the next 5 to 7 trading sessions.