From a trade perspective, buy Pantaloon Retail around 160-165 levels: Prashasta Seth, IIFL Wealth

In a chat with ET Now, Prashasta Seth, Senior Fund Manager, IIFL Wealth shares his views on Pantaloon Retail (India) Ltd.

ET Now: What is your call on Pantaloon Retail?

Prashasta Seth: Pantaloon Retail would be a trading play. You would possibly not go into Rs 140-145 kind of levels, which were the lower levels earlier. One should buy it at 160-165 levels and sell around 225-230. So, from a purely trading perspective, one can just take a call on Pantaloon.