Hanung Toys is a buy: Kunal Saraogi, Technical Analyst

In a chat with ET Now, Kunal Saraogi, Technical Analyst, www.equityrush.com talks about Patni Computers and Hanung toys.

How do you see Patni Computers and Hanung Toys?

If you look at Hanung Toys, we have had a buy call on this stock and this is in a long term uptrend. The stock of course has run up very sharply last few trading sessions and now those who were waiting for opportunity to get in might actually have to wait some more before the stock cools off. But if you look at the stock overall the stock could actually hit higher levels and this is a stock that I would look to buy into moment. As for Patni Computers, this stock is up on news but it has got a very erratic kind of a chart formation. I would rather keep away from Patni because the stock slipped quite sharply and then of course in today’s trade. So I would rather keep away from Patni but Hanung Toys definitely a buy.