Go long on NTPC, Biocon: Sandeep Wagle

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, in a chat with ET Now talks about Bicon and NTPC.

What is your take on NTPC and Biocon?

You should book out on profits but then you are getting some good patterns. So you can trade for this. All these are mostly trading plays and since the trend is so strong, the chances are that we will make a new high before we have a substantial fall. So that is the reason I would rather prefer to go long rather than sell out or book out and if you book out, then you miss out on the rally. Possibly you can be a little more selective is what I would say.