Avoid Indo Asian: Sandeep Wagle, APTART Technical Advisory Services

In a chat with ET Now, Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, aptartindia.com, talks about Indo Asian.

What is your call on Indo Asian?

Indo Asian, the volumes are quite substantial today but then these are all news based stocks or rather you can call them one or two days wonder. So I would really not get into this kind of stock because the volume on one day is a few thousands and on the day when the news comes is in a few lakhs. If that move is not be sustained then I would put it as a note of caution that people should not get into it at higher levels.