Everonn is a good pick: Jitendra Mehta, Edelweiss

Is there anything that you like in the education space?

Some kind of a strength is being witnessed among the education stocks. The top pick here is by far Everonn System. It has been in quite a spectacular rally and is now trading around 700 and it has the all time highs of around 930. So in the next 2-3 months, we can see it advance all the way till that. For short term levels I think one should look at 820-825 levels.

You have a buy on JSW, Everonn is what you like and also DLF. What are the price points that you are looking at?

On JSW, we are looking at price target around 1350 levels and possibly a stop loss of 1220 for long position can be kept. Everonn we have slightly longish call from 3 to 6 months view, we expect the stock to inch up till 900 levels. So 660 would be a good stop loss for traders here and DLF we are looking at a price target of 420-425
levels and one can keep a stop loss of 325 here.