Bullish on Mcleod Russel with target of 280: Kunal Saraogi

Kunal Saraogi, Technical Analyst, www.equityrush.com in an interview with ET Now discusses tea stocks.

Tea stocks, do you like anything here?

Mcleod Russel, if you look at the stock of course it had broken out very decisively from a resistance level and the next target here on this one is about 282. So I can see Mcleod Russel actually scaling up to that level, definitely a buy at the current market price. Stop loss would be about 230, so I am quite bullish on Mcleod Russel with the target of 280.