Buy Sundaram Fastners with stoploss of Rs 68: Aptart

MUMBAI: Sandeep Wagle, MD, APTART is of the view that Sundaram Fastners has seen a price and volume breakout. He has advised traders to buy the stock with stoploss of Rs 68.

“Buy Sundaram Fastners in the range of Rs 72-70 with stoploss of Rs 68 for target of Rs 80. Price and volume breakout seen in the stock,” said Wagle.

Note: Trading idea valid for time-period of 7-8 trading sessions.

The entry / exit price levels, stop-losses, targets as well as the time frames are indicative and viewers should use their discretion in implementing the same.