Buy Alok Textiles for target of Rs 35: Aptart

MUMBAI: Sandeep Wagle, MD, APTART is of the view that Alok Textiles has seen a price and volume breakout in monthly charts. He has advised traders to buy the stock for target of Rs 35.

“Buy Alok Textiles in the range of Rs 25-24 with stop-loss of Rs 22 for target of Rs 35. Price and volume breakout seen in the stock,” said Wagle.

Note: Trading idea valid for time-period of 3-4 weeks.

(The entry / exit price levels, stop-losses, targets as well as the time frames are indicative and investors should use their discretion in implementing the same.)