Buy Lupin for target of 2030, Fortis for target of 170: Sandeep Wagle
We have had a buy on Lupin at the price of 1940 down to 1925 and we have a target of 2030 playing for a 5%-6% upside and currently it is at 1955 plus in this market so that augurs well.
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| Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com
You have a buy call Lupin as well as Fortis. Fortis for its own reasons has been moving up a lot today, is there any more upside left?
We have had a buy on Lupin at the price of 1940 down to 1925 and we have a target of 2030 playing for a 5%-6% upside and currently it is at 1955 plus in this market so that augurs well. That's a stock specific move very clearly and we expect this move to come in the next 4 to 5 days. We have recommended Fortis at 158 down to 156 with a stop loss of 154 and we expect over the next 5 to 8 trading sessions a target of around 170, again a 7% to 8% upside in the next 5 to 7 trading sessions.
You have a buy call Lupin as well as Fortis. Fortis for its own reasons has been moving up a lot today, is there any more upside left?
We have had a buy on Lupin at the price of 1940 down to 1925 and we have a target of 2030 playing for a 5%-6% upside and currently it is at 1955 plus in this market so that augurs well. That's a stock specific move very clearly and we expect this move to come in the next 4 to 5 days. We have recommended Fortis at 158 down to 156 with a stop loss of 154 and we expect over the next 5 to 8 trading sessions a target of around 170, again a 7% to 8% upside in the next 5 to 7 trading sessions.
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