Buy Pantaloon Retail; target 550: Somil Mehta
"Pantaloon Retail, a little bit of upside is still left and 550 would be a target in the medium term with a stop loss of 460."
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| Somil Mehta, Sr. Technical Analyst, Sharekhan in an interview with ET Now talks about Pantaloon Retail.
On the charts aside of Vishal Retail, any other stock that could be showing some signs either of a breakout or a breakdown?
It is all a mixed view on different stocks like Pantaloon Retail and Shoppers Stop, these all are looking a little exhausted now and a little bit of momentum still left on the upside. As we talk about Pantaloon Retail, a little bit of upside is still left and 550 would be a target in the medium term with a stop loss of 460.
On the charts aside of Vishal Retail, any other stock that could be showing some signs either of a breakout or a breakdown?
It is all a mixed view on different stocks like Pantaloon Retail and Shoppers Stop, these all are looking a little exhausted now and a little bit of momentum still left on the upside. As we talk about Pantaloon Retail, a little bit of upside is still left and 550 would be a target in the medium term with a stop loss of 460.
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