Buy Garden Silk above 83: Sandeep Wagle

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, aptartindia.com in an interview with ET Now talks about Garden Silk.

What is it that is driving the growth in the textiles sector? You are bullish on Garden Silk.

I will go with the price pattern and the price gave a breakout yesterday but I must say that price is down today and possibly, I would wait for some confirmation. I would want this price to cross above 83, currently it is at 80 and then only it can be a good buy. If one buys at around 83, price target could be somewhere around 90 to 92 over the next week or so.