Pantaloon can move up to Rs 470: Vinith Jain

ET Now spoke to Vinith Jain, Director, Siddh Capital, on his views on the market.

ET Now: What are your views on the Pantaloon stock?

Vinith Jain: The stock is really looking good to buy. The stock has been moving sideways channelled correction since it made its top in Jan of this year.

So one should be buyer here and if the stock breaks above 420-425 which is a small resistance which is coming up very soon on this stock. The stock is likely to move up to 470 which is substantial.