Buy Titan Industries stock at Rs 214: Vijay Bhambwani

Vijay Bhambwani, Author, CEO, BSPLindia.com, in a chat with ET Now, gives his stock recommendation


What are your stock recommendations?

I would recommend a buy on Titan Industries at Rs 214 levels for the simple reason that technically it seems to have bounced from an oversold level on the short term charts as well as the correlation between the bullion price and the stock price. After having bought at Rs 214, I would keep a stop at Rs 211. I would expect to book profits between Rs 218 to Rs 220 intraday today.