ENIL best among media stocks: Sandeep Wagle

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

One quick word on these media stocks, ENIL, Reliance Broadcast, couple of them are fairly active today morning?

I am liking the pattern of ENIL and it has the strength to go to somewhere around 310-315, but pick the stock when it is on a decline, somewhere around say 265 to 260, that would be my buying range. The stop loss can be below 245 and 310-315 could be the target and you have to hold this stock not for a few days but for a few weeks. That is the way it moves. Pattern overall is positive and ENIL is the best in that space.