Buy Blue Dart for target of 1100; avoid buying Castrol: Sandeep Wagle

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, talks to ET Now on his views on Blue Dart and Castrol.

Both Blue Dart and Castrol on the charts?

Blue Dart is positive in the sense I would have liked to buy this stock somewhere in the region of a little bit of a correction somewhere around 850-900. At 981, I feel the target on the upside is around 1100-1150 and in case it comes down to 900-850, the pattern suggests a good buy with a stop loss of below 800 and a target of 1100.

Castrol, already the move has come and at this point, I will not recommend a buy. This is a stock, which we have recommended earlier, possibly booking of some profits would make sense.