APTART puts buy on GSFC, Blue Star and Alfa Laval
ET Now talks to Sandeep Wagle, Founder & MD, APTART Technical Advisory Services on small and mid-cap stocks.
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| ET Now talks to Sandeep Wagle, Founder & MD, APTART Technical Advisory Services on small and mid-cap stocks.
What are your views on GSFC, Blue Star and Alfa Laval stocks?
We have a buy on GSFC in the range of 240 to 235, stop loss of 228 and a target of 262, basically playing for an 8% to 10% upside. All these are very small volume stocks. So I would not be surprised if it happens very soon. We have a buy in Blue Star in the region of 400 to 395.
We were expecting that to correct but it has never corrected, it is up. In case it corrects through this level, we are more comfortable buying. Stop loss should be 387.50 and a target of 445, again a 10% upside and we have a buy in Alfa Laval in the region of 1400 to 1380, stop loss of 1358 and a target of 1550. We had a sell on HDFC but then it has moved up so that stop loss would have been triggers. So this idea has gone wrong.
Which one is strongest out of three buys?
I would go for Alfa Laval because it has got very good pattern, weekly pattern is very strong and very easily a 10% to 12% upside.
What are your views on GSFC, Blue Star and Alfa Laval stocks?
We have a buy on GSFC in the range of 240 to 235, stop loss of 228 and a target of 262, basically playing for an 8% to 10% upside. All these are very small volume stocks. So I would not be surprised if it happens very soon. We have a buy in Blue Star in the region of 400 to 395.
We were expecting that to correct but it has never corrected, it is up. In case it corrects through this level, we are more comfortable buying. Stop loss should be 387.50 and a target of 445, again a 10% upside and we have a buy in Alfa Laval in the region of 1400 to 1380, stop loss of 1358 and a target of 1550. We had a sell on HDFC but then it has moved up so that stop loss would have been triggers. So this idea has gone wrong.
Which one is strongest out of three buys?
I would go for Alfa Laval because it has got very good pattern, weekly pattern is very strong and very easily a 10% to 12% upside.
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