HCC, book profits: Sandeep Wagle, APTART Technical Advisory Services

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com, in a chat with ET Now, gives his call on HCC


What is the call on HCC?

A move till Rs 34.50-35 cannot be ruled out. The weekly charts are still not that positive and HCC has always been in the news for the wrong reasons many a times. So keeping in mind the market sentiment I avoid going long at this juncture may be some booking profits and little bit of a market cool off we will see HCC back to Rs 30-31 so some profit booking is definitely warranted.