Buy United Phosphorus for target of Rs 225: Aptart

MUMBAI: Sandeep Wagle, MD, APTART is of the view that United Phosphorus has seen a price and volume breakout. He has advised traders to buy the stock for target of Rs 225.

“Buy United Phosphorus in the range of Rs 200-195 with stop-loss of Rs 190.50 for target of Rs 225. Price and volume breakout seen in the stock,” said Wagle.

Note: Trading idea valid for time-period of 2-8 weeks.

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.