Buy Kaveri Seeds with a target at Rs 430: Gaurav Bissa

Gaurav Bissa, Derivatives Analyst at LKP Securities is positive on Kaveri Seeds. The expert has recommended traders to buy the stock with a target of Rs 430 and a stop loss at Rs 405 in intra-day trade. The stock has hit a high of Rs 414.50 so far in trade on Monday. The stock recently took support from its 50-DMA and successfully managed to breach its 20-DMA.