Blue Dart may go up to Rs 1600: Sandeep Wagle

ET Now spoke to Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com about Blue Dart.

What is the call on Blue Dart?

The volumes in this stock were a few hundred shares some 4 or 5 days back. The movement in the stock is purely event based and I see it going up further, possibly it can go up to 1600 or so.

I do not think anybody will get a chance to buy because possibly tomorrow will be another circuit. One can look at selling around 1600 if one is holding the stock.