Have a buy in the region of 87-86 in IBN 18: Sandeep Wagle, APTART Technical Advisory Services

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com, in a chat with ET Now talks about IBN 18.

IBN 18, is it just a stock itself or are you taking a pick on the media sector completely?

I have basically taken a pick on the stock because of the high volumes and a price breakout at 85 levels. We have a buy in the region of 87-86 with a stop loss of 83.50 and we have a price target of 95, which can come in the next 5-7-8 trading sessions playing on a trading play of around 8-10% upside.