Mukand Limited can go to somewhere around 63 to 65: Sandeep Wagle

ET Now spoke to Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com about Mukand Limited.

Your call on Mukand Limited?

Today is the first time I am seeing some action in the stock and it will have the strength to go to somewhere around 63 to 65. So yes as a trader if you want to play for that, that is quite a big move from current levels, almost a 20% move. One can take a call. Stop loss can be somewhere around 49 and if it closes above 65 and the volumes are sustained, then one can think of a serious entry in this stock for a target of 85 to 90 but that will have to wait and let’s see how the volumes come in at 65 and what pattern it makes but till 63 to 65, I can talk of it, the pattern is showing something of that kind.