Buy BOE India with a stop loss of around 214 and 260: Sandeep Wagle

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com spoke to ET Now on BOE India.

You are bullish on BOE India. Your views on this stock?

The volumes that we have witnessed in this week are the highest over the last possibly six to eight months and volumes do not lie. If there is something good, that will be reflected in the volumes and volumes moving with the price is extremely positive.

We have a price target of somewhere around 255 to 260. This stock can be bought on every decline with a two to three-week trading perspective in the range of 224 to 220 to 218 and with a stop loss of around 214 and 260 is achievable over the next three to four weeks.