Enginners India pretty flat, correction required in ITC: www.aptartindia.com

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com in an interview with ET Now talks about companies stocks.

Engineers India and BEML and perhaps ITC if you have anything on the charts?

Engineers India is pretty flat, not weak but some event has to occur for it to move up and I would only buy it once above 335. Once above 335, it can give a move up to somewhere around 360-365. As of now, I do not see a move beyond that.

ITC has moved up pretty well from 275-295 over the last 4-5 trading sessions. The long term targets remain around 330-340 but I would like to buy ITC in the region of 270-280 when the market corrects, that is an ideal level to buy ITC.