Aegis Logistics can go upto Rs 330

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, talks to ET Now on Aegis Logistics' stock.

Your thoughts on Aegis Logistics, whether there is still a day trade in this or perhaps a longer move?

Aegis Logistics is already 6.5% up, so I would not talk of a day trade at least for today but some move has definitely left in it. The weekly volumes are extremely positive, extremely on the higher side and this suggests a breakout. It is around Rs 305, I would talk of a move up to around Rs 330, so one can play for that for the next 3-4 days.

Anything that's come to your notice from the realty space? Aside of realty, there is also City Union Bank, which is quite active, up about 6%. Anything exceptional in Marathon NextGen realty stock?

There are some stocks, which have moved up quite a bit. Talk of a Sobha, talk of a Brigade but then there is no pattern, which suggests that one can buy here with a proper stop loss and a proper target. I would talk of the trend being up and a still further move extending upside in the next couple of trading sessions or possibly couple of weeks but I am not very comfortable. I do not get a very clear trade setup where I can just buy it now with a proper stop loss.